January 9, 2025

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China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?

1 min read
China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?
China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in […]