The European Parliament has endorsed the European Central Bank's (ECB) digital euro initiative, highlighting its potential to strengthen EU monetary sovereignty amid global financial tensions. In a plenary vote, 443 MEPs supported the ECB's annual report, emphasizing the digital euro's role in reducing reliance on non-EU payment providers and enhancing the integrity of the single market. The resolution also stresses the importance of central bank independence to maintain price stability and market confidence. The digital euro is positioned as a public good and a geopolitical hedge, designed to streamline cross-border transactions and improve settlement efficiency. Lawmakers insist that cash remains a cornerstone of the euro area’s monetary system, ensuring inclusivity and financial access. The initiative aims to align monetary policy with digital infrastructure, offering a unified platform for faster, cheaper retail payments across member states while safeguarding public accountability and democratic oversight.