this post was submitted on 27 Sep 2025
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149
European banks to launch euro stablecoin in bid to counter US dominance (www.reuters.com)
submitted 3 days ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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[โ€“] WhyJiffie@sh.itjust.works 2 points 1 day ago* (last edited 1 day ago) (1 children)

Then there's convinience. People will be free to transfer money across the continent, and also to friends and family without any costs (some countries have that, some dont).

I'm not sure about that part. If GNU Taler is to serve as the digital euro, that has been designed to be taxable. for this reason when transferring money to a friend instead of a business, that will have to go through a third party that sees the transacting parties and the amount.

Taler is very promising, but with it (or another digital euro implementation) we will still need easy access to regular cash.

[โ€“] themurphy@lemmy.ml 1 points 1 day ago

That's a fair point. Maybe this "feature" is hard to implement with all countries agreeing on the taxing.

But their might be a limit to how much you can send without being taxable.

This is also a minor feature. As long as it's possible within country borders, it would be fine 98% of the time.