An ECB official declared that the upcoming two-year investigation into the digital euro isn’t a guarantee that it will also become a reality.
Jürgen Schaaf, who works as an advisor to the senior management of the Market Infrastructure and Payments business area of the European Central Bank, declared that the bank plans to experiment with digital euro and use the results from the investigation to see whether a CBDC will really be created. Schaaf said:
The ECB will begin its two-year digital euro trial in October. It will focus on the retail digital euro aka the one that regular people can use in order to buy goods and services. Schaaf further added: