Digital Euro and killing stablecoins through regulation, the ECB playbook.

This is because the EU/Euro has not been able to create its own technology champions in the payment industry. This follows the path of failed PSD and PSD2 regulations to "support innovation", through more regulation, as politicians call it.

ECB fails to understand that stablecoins are a technology business, not a financial business.

As commented by @alex_bechtel_de