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ECB Alarms Europe: USD Stablecoins Threaten Monetary Sovereignty with 99% Market Dominance
The European Central Bank (ECB) has sounded the alarm: Europe risks losing its monetary sovereignty to USD-backed stablecoins, which now dominate 99% of the $230 billion global stablecoin market. With euro-denominated alternatives struggling to gain traction, the ECB warns of a potential shift in financial power that could reshape the continent’s economic future. Why is […]