🚀 ECB's digital euro is halfway to reality! The latest progress report reveals exciting developments as the ECB and national banks tackle holding limits and harmonize laws. The "reverse waterfall" concept might just be the trick to manage excess digital euros by converting them to fiat automatically. 💡

The report also highlights the need for European competition in the financial market, hinting at new payment services and enhanced privacy for users. With the next update set for 2025, the digital euro journey is one to watch! Share your thoughts below—how do you see the digital euro shaping the future?