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> I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro

Wasn't the digital Euro specifically crippled due to banks lobbying against it to promote Wero instead?

I haven't heard of crippling d. euro, but wero is specifically built by European banks, to try to corner the market before d. euro comes.

That said, I wouldn't be surprised regarding lobbying.

AFAIK they lobbied to limit the maximum amount of digital Euro one may hold pretty severely