Global #digital payments

The European Central Bank (ECB) is actively promoting the adoption of a digital euro, emphasizing its potential to enhance Europe’s competitiveness, strengthen the single market, and bolster European sovereignty.

The Bank of Canada has decided to halt its efforts to introduce a digital version of the Canadian dollar, shifting its focus instead to broader developments in the payment systems both domestically and internationally.

The geopolitical landscape is undergoing a significant transformation as China and Russia accelerate their adoption of digital payments for trade.

In a surprising turn of events, Litecoin (LTC) has experienced a meteoric rise in activity, surpassing both Bitcoin (BTC) and Ethereum (ETH) to become the most utilized cryptocurrency in the market. This surge in activity is reflected in the number of active addresses, a key indicator of network usage and adoption.