CoinShares: Onchain gap widens between dollar and euro ecosystems
- —Dollar stablecoin supply tops $300 billion; euro stablecoins stay below $1 billion
- —US debates moving the financial system onchain, Europe only seeks to improve it
- —Europe has spent years debating the digital euro while the market built dollar rails
Why it matters: The widening gap cements the dollar's dominance in onchain settlement and weakens the euro's position in the digital economy.
Source: Bloomingbit