Europe’s Monetary Sovereignty Threatened by Crypto
18h05 ▪
4
min read ▪ by
The European Central Bank no longer harbors illusions: the digital euro alone will not be enough to preserve the Union’s monetary sovereignty in the face of the rise of dollar stablecoins. In a statement both clear-sighted and concerning, advisor Jürgen Schaaf suggests a strategic shift. The solution may not come from the ECB itself, but rather from the private crypto ecosystem, which is much more responsive.
In Brief
- The ECB warns: the rise of cryptos threatens Europe’s monetary control.
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