After a volatile week for cryptocurrencies and stablecoins, EU regulators renewed their call for a digital euro, which could arrive in four years.
Data
$1.3T: Market cap for cryptocurrencies following last week’s drop
90%: Portion of central banks working on a CBDC
20%: Share of payments in Europe made with cash, down from 35% in 2007
3: Projected number of years for the digital euro’s test phase
