Could the Post Bring the Digital Euro to the People? ECB Bets on Poste Italiane

The European Central Bank suggests that Italy’s national postal service – Poste Italiane – could play a key role in the rollout of the digital euro. With millions of customers and a vast infrastructure, the postal giant may help bring the new currency directly to everyday citizens. According to Pier Cipollone, a member of the ECB’s executive board, the digital euro is quickly becoming a reality. And when the time comes to launch it, the biggest challenge will be the so-called "last mile" – getting digital money into people’s hands. Speaking at an online event organized by ASviS, Cipollone said Poste Italiane is in a prime position for the job. The company already provides banking services and reaches millions of Italians across the country. “Poste Italiane has millions of clients and can easily provide access to the digital euro,” Cipollone said.

📬 Postal Service as a Bridge to Digital Currency? While most people still think of post offices as places for delivering letters and packages, Poste Italiane has evolved. It offers bank accounts, payment services, and insurance. So its involvement in the digital euro rollout isn’t far-fetched — in fact, it makes sense. The ECB emphasizes that the digital euro isn’t science fiction — it’s a response to changing consumer behavior. Cash usage is steadily declining, while digital payments through cards and apps continue to rise.

🪙 Not the End of Cash – Just Its Digital Upgrade Cipollone stressed that the digital euro won’t replace cash, but complement it — especially in a world where digital payments are increasingly controlled by private companies. The ECB wants to offer a state-backed alternative, giving people a secure and sovereign digital payment option. “In the digital age, cash alone is not enough,” Cipollone noted.

🗓️ First Digital Euro Transactions by 2028? If everything goes smoothly — including the political side — the first digital euro transactions could take place by mid-2028, according to Cipollone. The digital euro aims to preserve Europe’s monetary sovereignty, offer a fast, secure, and universal payment solution, and reduce reliance on foreign platforms and private fintechs.

💬 Will the postal service be the one to bring the digital euro to everyday citizens? And can Europe maintain control over its digital money future?

#digitaleuro , #ECB , #CBDC , #digitalpayments , #worldnews

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