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Published in 
Thursday, 3 July, 2025 - 10:00 to 11:30
CEPS - Centre for European Policy Studies 1 Place du Congrès / Congresplein 1000 Brussels

While the retail digital euro has attracted more public and regulatory attention, the wholesale dimension of central bank digital currency remains less visible – despite its high transformative potential. A wholesale digital euro could enhance the functioning of capital markets, support real-time and programmable settlement mechanisms, and open the door to entirely new forms of financial intermediation. Its implications may extend well beyond financial institutions, with tangible use cases that could directly impact citizens and reshape the broader payment landscape.