Comment on European banks to launch euro stablecoin in bid to counter US dominance
qaz@lemmy.world 4 months ago“Fast” international money transfer without value fluctuations. AFAIK, it’s used to send money back overseas without fees and for online casinos.
Alphonsus@lemmy.world 2 weeks ago
Agreed. A euro-denominated stablecoin makes sense for fast cross-border payments without FX risk, especially if the goal is reducing dependence on USD rails. It fits neatly with the EU’s push for payment sovereignty and an independent financial stack.👌