Odaily Planet Daily News: European Central Bank President Christine Lagarde said that if central banks do not adopt central bank digital currencies (CDBCs), they may lose relevance. She explained that central banks are often understood by commercial banks as "monetary anchors", a role that requires them to remain relevant in the emerging financial environment, including CBDCs. "We have always played the role of monetary anchors in terms of commercial banks and private money. If we don't play this game, if we don't participate in experiments and innovations in central bank digital currencies, we risk losing the role of anchors that we have played for many years." (news.todayq)