Woofun AI reports that the European Parliament approved the resolution to advance the digital euro by a vote of 416 in favor, 169 against, and 22 abstentions. This decision initiates a critical negotiation phase with member states regarding the currency first proposed in 2023 to preserve European monetary sovereignty. Negotiation representative Fernando Navarrete Rojas stated the digital euro will "complement rather than replace cash," offering free basic accounts and holding limits to ensure financial stability. The European Central Bank has partnered with major payment providers to use the digital euro against private stablecoins, with Executive Board member Piero Cipollone noting it will "reduce Europe's dependence on external providers."