Europe’s Stablecoin Adoption Is Failing to Derail USD Dominance

Stablecoin adoption is growing quickly across Europe, now closely following the United States. However, it is not experiencing the type of adoption it was looking for. Today, people throughout the region are primarily opting for USD-backed stablecoins instead of those backed by the euro. As a result, the current dominant stablecoin poses a risk to Europe’s monetary sovereignty source: https://beincrypto.com/europe-stablecoin-adoption-usd-dominance/