David Tercero-Lucas holds a PhD in Applied Economics from the Autonomous University of Barcelona (Spain). He works as payments and digital currencies consultant at Lipis Advisors (Berlin, Germany), and is a member of the Associate Team of the Digital Euro Association. His research interests are in the fields of digital currencies (cryptocurrencies and CBDCs) and payment systems. His work has been published in different journals such as the Journal of Financial Stability, European Journal of Political Economy and International Journal of Finance & Economics.