The Bundesbank, together with the other central banks in the Eurosystem, is also analysing the opportunities and risks that the possible introduction of a digital euro would entail. So let me start by talking today about “why” a digital euro might be useful.
Afterwards, I will look at “what” it could deliver before finally discussing the future timetable – in other words, “when” a decision is expected to be made. 1 Why do we need a digital euro? So “why” is the Eurosystem exploring the topic of the “digital euro”? The first reason is to do with strategic sovereignty in European payments.