ECB Chief: A Digital Euro "Could Well Be" More Popular Beyond the European Union's Borders

A digital euro "could well be" more popular beyond the European Union's borders, according to European Central Bank (ECB) President Christine Lagarde. The digital version of a euro should be "borderless" and it should be "regulated and properly supervised" Lagarde said responding to a question while speaking at the Atlantic Council's Frankfurt Forum on U.S.-European GeoEconomics on Wednesday. "But it can facilitate cross-border payments in a big way, which is why between the United States authorities, the European authorities and others beyond that, we need to compare notes," Lagarde said.