Last week, Commerzbank‘s Dr. Jörg Krämer claimed that he believes the European Central Bank’s (ECB) real motivation to issue a digital euro is to expand its influence significantly.
Talking during a podcast, the Chief Economist of Germany’s second biggest bank stated that ultimately a central bank digital currency (CBDC) will replace cash.
On LinkedIn, Deutsche Bank’s Alexander Bechtel highlighted that it is not the ECB’s intention to completely replace cash with the digital euro.
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