Central Bank Digital Currencies, Dollar and a Euro for the Future

Since the beginning of this year, the European Union has been working to transform the single European currency into a fully digital currency. And not only globally there are many states or rather banking financial institutions that want a digital currency, stable close to cryptocurrencies but in a centralized way. For example, in April this year the Bank of England and the United Kingdom Treasury announced that they intend to launch a digital currency that would be called "Britcoin". At the moment, apparently "Britcoin" is still on an experimental level (here i'm really curious how things will evolve regarding this digital currency). However, it seems that the European Union has not given up on those plans to create a digital currency, and the European Central Bank (ECB) announced this month that it is still considering the possibility of introducing a digital version of the Euro. They will start a study that will last about two years (it seems that we have to wait), starting in October this year. Without guaranteeing that the answer will be favorable. The ECB initiative is not, in fact, a surprise. We all know that of all the major central banks, China is at a fairly advanced stage. They are already offering digital yuan for spending, in a small-scale experiment since 2019. Since then, the project has been expanded to 11 cities and provinces, reaching a transaction volume of 34.5 billion yuan, approx. $ 5.3 billion.