In this context, the Bank of Italy is currently cooperating with the ECB and the euroarea national central banks to assess the potential of TIPS as a possible technical solution for a digital euro.
We know that access to even small amounts of credit can dramatically improve the welfare of the excluded population both in urban and rural areas. Awareness is growing that access to a wider set of financial services provides poor people with capacity to increase or stabilize their income, build assets and have much greater resilience to economic shocks.