The Dutch Central Bank published a podcast episode taking stock of the digital euro debate as the European Parliament prepares to examine the project. The discussion frames the digital euro as both a digital form of public money alongside cash and, increasingly, a response to geopolitical tensions that have sharpened the case for Europe to retain control over its own payments system. If agreement is reached, the new payment instrument could be introduced in 2029. The episode also highlights operational and commercial issues. DNB expert Menno Broos says the earlier arguments for the digital euro still apply, while the current geopolitical backdrop has added a stronger strategic autonomy dimension. Eus Peters of the Dutch Retail Council supports having multiple payment methods and points to the offline version of the digital euro, which would continue to work if data traffic fails, but says costs should be assessed carefully so retailers are not disadvantaged. A separate segment covers crypto treasuries as a way of holding financial reserves.