European Central Bank (ECB) board member Fabio Panetta said the maximum supply of the digital euro will be capped at 1.5 trillion.
The period of research on the use of the digital euro launched by the European Commission on 5 April until 14 June is said to continue.
Among the participants in the research period; experts in the payment industry, payment service providers, payment infrastructure providers, developers, business associations, anti-money laundering auditors and financial institutions took place.
Although the central bank’s transactions regarding the digital euro are yet to be clarified, Fabio Panetta said: Use of the digital euro within 4 years He thinks he will pass.
Panetta told the European Commission will be limited to 1.5 trillion euros. told. Stating that this situation will affect banks, Panetta explained that many people do not understand the term digital euro and it is complicated to explain it.
The European Central Bank said in a statement last year, “This digital euro infrastructure will be environmentally friendly, in this infrastructure “The energy it takes to process thousands of transactions per second is negligible compared to the energy consumption of crypto assets like Bitcoin” it was said.