An op-ed in the Financial Times today from a former ECB supervisory board member throws shade at the retail digital euro, pointing out that it is hard to make a compelling use case and suggesting that the ECB’s focus is shifting to the wholesale CBDC projects.
This could mean further delays to the retail CBDC, pushing a potential launch to even later than the current target of 2029.
“If and when an eventual positive decision comes, the digital euro risks being old before being born.”