為什麼數字歐元優先

歐洲央行表示，如果沒有數字歐元，歐洲銀行將在交易中失去中介人的角色。

The European Central Bank (ECB) is prioritizing the launch of a digital euro to counter the potential threat posed by US-backed stablecoins, which could undermine the euro and disrupt the traditional banking system, according to a senior official.

一位高級官員稱，歐洲中央銀行（ECB）正在優先推出數字歐元，以應對美國支持的Stablecoins構成的潛在威脅，這可能會破壞歐元並破壞傳統的銀行體系。

ECB executive board member Fabio Panetta highlighted the urgency of introducing a digital euro during a speech at the University of Zurich on Monday. He pointed to US President Donald Trump's recent executive order on digital assets, which encourages the development of stablecoins.

歐洲央行執行委員會成員Fabio Panetta強調了周一在蘇黎世大學的演講中引入數字歐元的緊迫性。他指出，美國總統唐納德·特朗普（Donald Trump）最近對數字資產的行政命令，這鼓勵了穩定幣的發展。

“The digital euro is a priority for the ECB because, without it, European banks will lose their role as intermediaries in transactions," Cipollone said.

Cipollone說：“數字歐元是歐洲央行的優先事項，因為沒有它，歐洲銀行將失去交易中的中介。”

“The issue is the global expansion of stablecoins which will displace euro-denominated transactions and weaken the banking sector's power.”

“問題是全球穩定者的擴張將取代以歐元為基礎的交易並削弱銀行業的權力。”

The move to prioritize the digital euro comes amid growing concerns among European policymakers about the impact of stablecoins, which are pegged to fiat currencies like the US dollar and are designed to offer a stable store of value.

在歐洲決策者對穩定幣的影響之間越來越擔心的數字歐元優先級的舉動，這些歐元越來越擔心，該股幣的影響是與美元（如Dollar）掛鉤的，旨在提供穩定的價值存儲。

The ECB has previously warned that stablecoins could pose risks to financial stability and the monetary system if they are not properly regulated.

歐洲央行此前曾警告說，如果不適當監管穩定的穩定性，則可能對財務穩定和貨幣體系構成風險。

A digital euro would provide consumers with a safe and regulated way to make digital payments, while also ensuring stability by being integrated with the existing banking infrastructure, Panetta said.

Panetta說，數字歐元將為消費者提供一種安全且受監管的方式來進行數字付款，同時還通過與現有的銀行基礎設施集成來確保穩定。

Unlike dollar-pegged stablecoins, which operate outside of banks, the digital euro would allow users to deposit a limited number of euros into digital wallets for daily transactions.

與在銀行外運營的Dollar Peggggggggggggggging stablecoins不同，數字歐元將允許用戶將有限數量的歐元存放到數字錢包中進行日常交易。

However, the introduction of a digital euro also faces several challenges, including the need for a comprehensive regulatory framework, consumer and business adoption, and the development of a secure and scalable technical infrastructure, Panetta noted.

但是，數字歐元的引入也面臨著幾個挑戰，包括需要全面的監管框架，消費者和業務採用，以及開發安全且可擴展的技術基礎設施。

Trump's executive order explicitly rules out a US central bank digital currency (CBDC), saying it could pose a risk to financial stability and personal privacy.

特朗普的行政命令明確排除了美國中央銀行數字貨幣（CBDC），稱其可能對金融穩定和個人隱私構成風險。

Instead, the administration is focusing on private-sector innovation and regulatory clarity to facilitate the growth of stablecoins.

取而代之的是，政府著重於私營部門的創新和監管清晰度，以促進穩定的人的增長。

As the EU deliberates over the introduction of a digital euro, stablecoins have been rapidly gaining ground in the digital asset space.

隨著歐盟考慮引入數字歐元的引入，Stablecoins在數字資產領域迅速獲得了基礎。

The total market capitalization of stablecoins recently hit an all-time high of $213 billion, with Tether (USDT) alone accounting for about $140 billion.

Stablecoins的總市值最近達到了2130億美元的歷史高峰，僅Tether（USDT）僅佔1400億美元。

The fast adoption of stablecoins underscores the growing demand for digital dollars in international trade and cross-border payments, according to Panetta.

帕納塔（Panetta）表示，穩定幣的迅速採用強調了對國際貿易和跨境支付中數字資金的需求不斷增長。

“The success of the digital euro will depend on striking the right balance between innovation, regulation and stability,” he said.

他說：“數字歐元的成功將取決於在創新，法規和穩定之間達到正確的平衡。”

“The ECB will be rolling out pilots and refining its framework to stay relevant in the digital economy.”

“歐洲央行將推出飛行員，並完善其在數字經濟中保持相關性的框架。”

The EU must now act decisively to prevent the dollar from solidifying its dominance in the digital financial landscape, Panetta added.

Panetta補充說，歐盟現在必須果斷地採取行動，以防止美元鞏固其在數字金融環境中的主導地位。