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🔵 Euro Not Ready to Replace US Dollar – ECB's Makhlouf
ECB’s Gabriel Makhlouf says the euro isn’t ready to replace the US dollar as the global financial anchor.
📍 At a conference in France, he said:
> “Europe’s economic system is still not formed.”
🚫 Key Challenges:
No unified fiscal authority
No common safe asset like US Treasuries
Weak structural integration
Despite being the second most traded currency, the eurozone lacks tools to rival the dollar’s global dominance.
💬 Makhlouf urged:
More EU economic integration
Stronger financial tools
Bolder steps from the ECB
He called today’s uncertainty an opportunity to boost the EU’s autonomy and strengthen the euro’s role globally.#BTCWhaleMovement #SpotVSFuturesStrategy #BinanceHODLerHYPER #TrumpVsMusk $ETH