Speaking on The Pat Kenny Show, Lagarde underscored Europe’s dependence on foreign digital payment infrastructure. “Visa, MasterCard, PayPal and Alipay are all controlled by American or Chinese companies,” she noted, arguing, “We should make sure there is a European offer.”
We’ll see. I believe in the blockchain technology, but not in the way it is used as today. IMO it’s like the early days of the internet. Only for the nerds, until they started to build RWA. But again… we’ll see.