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The EU are working on something like this, it's like USDC but backed and exchanged by the European Central Bank. https://www.ecb.europa.eu/paym/digital_euro/ht
by alephu5 4y ago
The EU are working on something like this, it's like USDC but backed and exchanged by the European Central Bank.
https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html https://www.ecb.europa.eu/paym/digital_euro/html/index.en.ht...
- AlchemistCamp 4y agoA surveillance coin that bureaucrats can seize without a trial or due process! The EU may not be the first to make this.
- markus92 4y agoIrrelevant but EU has SEPA Instant Payments which basically resolves GPs issues with bank transfers.
- omgomgomgomg 4y agoUnfortunatelly, this is not really true. You bear all the risk as the merchant, the customers can simply reverse a transaction, repeatedly, without providing a reason, for up to couple months.