It doesn’t, but it has been facilitating near instant money transfers for a long time now, and our banks have been laggards in the space. If the world is going digital, central bank money should go digital”. I am confused, Can we not already make instant payments using Sepa Instant and Revolut and – soon Zippay not to mention Apple and Google Pay? The promise is that the digital euro will be almost as private as banknotes – not quite, but almost as private as banknotes.”And what is the time frame for this digital euro? The EU wants its digital euro to compete with the US stablecoin, but for it to do so, it must first create it.