Comment on European banks to launch euro stablecoin in bid to counter US dominance

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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.👌

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