Euro Stablecoins beträgt 0,15% des Marktes. So holt Europa auf
Euro stablecoins are 0.15% of the market. Here’s how Europe catches up
Euro Stablecoins beträgt 0,15% des Marktes. So holt Europa auf
Euro stablecoins are 0.15% of the market. Here’s how Europe catches up
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tldr; Euro-denominated stablecoins represent only 0.15% of the market, with a market cap of $450 million compared to $300 billion for dollar-based stablecoins. This disparity highlights Europe’s lag in the digital currency space, posing risks to its monetary sovereignty. The EU’s MiCA regulation, with a €200 million daily transaction cap for significant stablecoins, is seen as stifling private innovation in favor of a state-controlled Digital Euro. Critics argue Europe must embrace private innovation to compete globally in the digital economy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Euro stablecoins need a push, clearly. Will be interesting to see how that plays out.
What is ECB going to do about euro based stablecoins after releasing their own CBDC?
They cant, simple as that.