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Reuters

Reuters

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Business & Economics

ECB pitches digital euro as response to Trump's crypto push

Reuters
Summary
Nutrition label

80% Informative

Euro zone banks need a digital euro to respond to U.S. President Donald Trump 's push to promote stablecoins, a type of cryptocurrency.

Stablecoins work similarly to money market funds in that they offer exposure to short-term interest rates in an official currency.

A digital euro would essentially be an online wallet guaranteed by the ECB but operated by banks.

VR Score

90

Informative language

95

Neutral language

77

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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