March 10, 2025 – EU finance leaders, including ESM Managing Director Pierre Gramegna and Irish Finance Minister Paschal Donohoe, voiced worries over U.S. President Donald Trump’s pro-crypto stance during a Eurogroup press conference. They fear that U.S. support for dollar-backed stablecoins could undermine Europe’s monetary sovereignty and financial stability, potentially reviving tech giants’ plans for mass payment systems. The officials stressed the urgent need for a digital euro to protect Europe’s autonomy, as the ECB advances its CBDC development. Meanwhile, Trump has banned a U.S. CBDC, and ECB President Christine Lagarde ruled out including Bitcoin in European reserves, citing security concerns.$XRP