Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins


The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products.

Enhancing the DEA’s Understanding of Stablecoins and CBDCs

The Digital Euro Association (DEA), a think tank specializing in central bank digital currencies (CBDCs) and the digital euro, has formed a partnership with the HBAR Foundation. According to the DEA, this partnership is aimed at enhancing its understanding of CBDCs and stablecoins.

The collaboration, which is being framed as a significant moment in the digital currency landscape, is expected to help both organizations achieve their respective goals. Remarking on his organization’s partnership with the foundation which acts as an “integrated force multiplier,” Jonas Gross, the chairman of the DEA, said:

“We are thrilled to partner with the HBAR Foundation, whose work in fostering digital money ecosystems aligns with our vision for the future of money. This collaboration emphasizes our commitment to exploring and advocating for technologies that ensure the digital currency ecosystem is secure, efficient, and promotes the public good.”

However, according to a joint statement released on Feb. 26, the DEA’s partnership with the HBAR Foundation, like its collaborations with other organizations, does not constitute an endorsement of any ideologies or products.

Shayne Higdon, the CEO of the HBAR Foundation, lauded the collaboration, which he said is in line with his organization’s goal of building not just a sustainable digital future, but also an innovative one.

“Hedera is uniquely positioned to contribute to the expansion of the digital currency ecosystem. We’re excited to collaborate with the DEA and contribute to the progress of digital currencies,” added Higdon.

Source : / Feb 28, 2024 logo


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