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🚨ECB VS COMMISSION OVER CRYPTO THREAT
🔹EU split deepens as ECB warns Trump’s crypto push could trigger financial contagion in Europe.

🔹ECB urges urgent rewrite of MiCA, citing risk from U.S. dollar-backed stablecoins

🔹Commission dismisses fears, calling ECB's view “melodramatic”

🔹ECB sees threat to EU monetary sovereignty, fears shift of EU savings to U.S.

🔹New U.S. laws — STABLE & GENIUS — may boost stablecoin supply to $2T by 2028

🔹Tensions fueled by ECB’s push for digital euro vs. dollar-dominated crypto dominance

#ECB #MiCA #Stablecoins #DigitalEuro #EUFinance

-Politico (April 22, 2025)

🇪🇺 ECB President Christine Lagarde is calling on the EU to create its own digital payment system to reduce reliance on global giants like Visa, Mastercard, PayPal, and Alipay! 💳
She stressed the importance of a "European solution" to protect financial sovereignty and reduce dependency on U.S. and Chinese providers.
This push aligns with the Capital Markets Union (CMU) initiative, which aims to unify EU capital markets—potentially unlocking €3 trillion annually. 💼
Lagarde also noted that stronger fiscal integration could ease pressure on monetary policy and pave the way for a fiscal union, with an estimated €2.8 trillion GDP boost by 2032. 💰
The ECB plans to complete its digital euro preparations by October 2025.
What’s your take on the EU launching its own payment system? Drop your thoughts below! 💬
#DigitalEuro #ECB #FintechEurope #EUFinance #FinancialSovereignty
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