Is Europe Losing the Stablecoin War? ECB Advisor Warns Yes
A senior European Central Bank advisor has warned that Europe risks losing monetary sovereignty as euro-backed stablecoin(s) capture only 0.15% of the $230 billion global market. Jürgen Schaaf, writing in an.) Schaaf cautioned that widespread adoption of dollar stablecoins in the eurozone could weaken the ECB’s control over monetary conditions, potentially echoing patterns observed in…
