How will the digital euro work? A preliminary analysis of design, structures and challenges

Volker Brühl

No 730, CFS Working Paper Series from Center for Financial Studies (CFS)

Abstract: The digital euro project will reach an important milestone this year when the preparation phase ends and the governing council of the ECB will decide whether to enter the next phase before the launch phase. This article provides an overview on how a digital euro is intended to work. An examination of the prospective design features and architecture of the digital euro reveals the complexity of the project and the challenges associated with integrating the digital euro into the existing payment landscape.

JEL-codes: E42 E51 G21 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-eec and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:cfswop:315474

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