👉 Always creating a new ways to better control and taxes it's populations .(just my opinion )
🌍 ECB Adviser: Euro Stablecoins Could Rival USD, Digital Euro Alone Won’t Cut It 🌍
ECB adviser Jürgen Schaaf warns a central bank digital currency alone can’t match the dominance of USD-backed stablecoins.
He recommends prioritizing regulated euro-pegged stablecoins and fostering private innovation—supported by stronger global regulation coordination between US and EU frameworks.
🔍 Key Points:
• Euro stablecoins may come before digital euro
• Regulatory alignment needed—MiCA vs GENIUS Act
• Adoption remains low despite MiCA support
• Pilot DLT projects (Pontes, Appia) underway for wholesale payment infrastructure
• Governing Council decision on digital euro expected by end of 2025
#EuroStablecoin #EURegulation #DigitalEuro #MiCA #GENIUSAct #Stablecoins #DLT #ECB #CryptoRegulation