“Comparable design options must be utilized to the usage of a digital euro by non-residents. This is able to cease a digital euro changing different types of funding and facilitating forex substitution in international locations outdoors the euro space,” Fabio Panetta, an ECB government board member, mentioned in a 2021 speech. “In any occasion, worldwide cooperation on design, cross-border use and interoperability could be key to reap the potential advantages of CBDCs for cross-border funds, whereas addressing dangers to the worldwide monetary system.”
