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European banks to launch euro stablecoin in bid to counter US dominance
(www.reuters.com)
This is a most excellent place for technology news and articles.
Surveilence
For real, isn’t this allowing them to have much more control over what you have in the bank? Preventing bank runs as they call it(aka blocking withdrawals)
There will be the exact same level of surveillance, it's still just run by banks so there's no difference there.