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Am very sure it would be fixed just the way usdt is , am happy it would be used on all platform and not just a selected platform at least to increase the use of itSo what about the price does it remains fix or not and is that listed on any stock exchange and other Crypto exchange that can define the position
It seems that there is potential with having a digital currency because Euro is a strong currency , I don't see why they will want to have a digital version except accessibility factorThe President of European central bank, Christine Lagarde revealed that after months of research on digital Currencies the Bank has decided to launch a project to prepare for possibly issuing a digital euro." ECB's. The digital euro can also be used for payment across.
I guess most of these countries wants to have their digital version of their fiat Currencies to make cryptocurrency transactions faster or to discourage cryptocurrencies usage.It seems that there is potential with having a digital currency because Euro is a strong currency , I don't see why they will want to have a digital version except accessibility factor
Well , let's see how it goes but I know that if cryptocurrency is not banned , people will always opt for cryptocurrency than CBDC of countriesI guess most of these countries wants to have their digital version of their fiat Currencies to make cryptocurrency transactions faster or to discourage cryptocurrencies usage.
If it's on a cheap blockchain a lot of people would want to consider it , but as time goes on if the transaction rate increases on the coin network it might not be cheap again and if other coin blockchain could help host the stable coin it would make the fee cheap for long timeI think it'll be in the form of a stable coin like usdt. The central bank has a lot of money to add as liquidity and peg to the normal euro price. It also has to be on a cheap and fast blockchain.
Well, what is the cheap block chain? I mean I am baffled to even hear this term.? Is that about the transaction fees are cheap. In that case, there are many blockchain having less transfer fees available.If it's on a cheap blockchain a lot of people would want to consider it , but as time goes on if the transaction rate increases on the coin network it might not be cheap again and if other coin blockchain could help host the stable coin it would make the fee cheap for long time
What do you mean by being on a cheap blockchain ? , This doesn't have any impact as Euro is a powerful currency and will soar high on it's own.If it's on a cheap blockchain a lot of people would want to consider it , but as time goes on if the transaction rate increases on the coin network it might not be cheap again and if other coin blockchain could help host the stable coin it would make the fee cheap for long time
To be honest, I don't think its value will skyrocket, it will be a stablecoin like USDT, which will give the euro more strength. We will see what happens after the digital launch, what we talk about here is just speculationWhat do you mean by being on a cheap blockchain ? , This doesn't have any impact as Euro is a powerful currency and will soar high on it's own.
I mean if it's been hosted on blockchain that provides low transaction fee , for instance like the Tron blockchain network it will help tooWhat do you mean by being on a cheap blockchain ? , This doesn't have any impact as Euro is a powerful currency and will soar high on it's own.
Ofcourse it cannot be Volatile , it is a digital currency but a digital version of a Fiat Currency so it is not meant to be Volatile by any wayTo be honest, I don't think its value will skyrocket, it will be a stablecoin like USDT, which will give the euro more strength. We will see what happens after the digital launch, what we talk about here is just speculation
First, it would be good to be very clear about the difference between the digital euro and the fiat euro that can be transferred or used through bank cards. I am a little confused, I will have to look for more informationThe launch of digital euro might still not have any much impact because almost all countries now have their own digital currency but i think it might just create more options to which business transactions can be carried out.
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