The European Union is moving forward with plans for a digital euro, with the European Central Bank gaining support for holding limits on the digital currency. There are reports of the ECB exploring the use of tokenized securities as collateral, with some outlets suggesting that the XRP ledger may be involved, although it is unclear if the ECB officially endorses XRP. The development of a digital euro may be having an impact on the price of XRP, which is reported to be sliding.