According to CryptoPotato, the European Central Bank (ECB) stated in a blog post on February 19 that the digital euro CBDC would be “designed for payments, not investments.” The article also noted that many banks are concerned that customers may withdraw their deposits and hold digital euros. However, the ECB said these concerns were misplaced. The ECB is developing a digital euro CBDC with legal tender status as a digital payments solution for Europe. However, there are growing concerns that retail bank deposits may flow to central banks, which control CBDCs. In order to maintain the role of commercial banks, personal holdings of the digital euro will be restricted. In addition, CBDC will not pay interest and no business will hold it. The article also mentioned that a “reverse waterfall” mechanism would link digital euro accounts to bank accounts to make up for the latter’s deficiencies. This reduces the incentive to hold large digital euro balances. The ECB has designed the digital euro to mitigate the risk of intermediation and large outflows of bank deposits. The combination of restrictions, no interest and a "reverse waterfall" mechanism will prevent its use for investment purposes.