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Comment by thijsr

17 days ago

A digital euro is intended to the the digital equivalent of cash. It is issued directly by the central bank. Currently, consumers cannot have an account at the central bank. They have a balance at a commercial bank, and the commercial bank has an account at the central bank. Right now, you must have a private middleman to do any banking. The digital euro should offer a public alternative to that.

(but it probably won't ever happen, because banks are lobbying against it with FUD campaigns, they feel like it threatens their existence)

Wero is something completely different. It allows consumers to easily pay merchants, mostly online. The digital euro is not a payment network in the same sense as Visa, Mastercard, iDEAL and others.