ECB Signs Deals to Build Digital Euro on Open Standards — A Direct Challenge to Visa and Mastercard

[cryptoenthusiast]

So the strategy is basically: build the fastest payment system in Europe… through consensus-based documentation.

[Patapim]

Europe finally going after Visa/Mastercard dominance.

[BrutalAge*gofast]

Open infrastructure is the real power move here

[The_Walking_Dead]

80% adoption via Berlin Group already is huge.

[Capybara_Capybara]

Build on existing rails > reinvent everything.

[bred]

Digital euro quietly becoming real.

[Suzukispeedtest]

If fees drop, merchants will love this.

[UndeadBeastMonkeykiller]

Payments war just getting started in EU.

[febe3f2e35]

This is more about control than innovation.

[0c4535c1a0]

NFC + account transfers = serious competition.

[Revenant]

Legacy players won’t like this direction.

[059d96d16a]

Open standards could unlock a lot of fintech growth.

[d82ae58262]

Question is execution… Europe isn’t known for speed

[9777089235]

If it works, this reshapes payments in the eurozone.

[GummyBear]

Crypto, banks, and governments all colliding here.