‘Euro stablecoin isn’t enough’: EU issuers push for USD tokens
- —European issuers are making the case for USD stablecoins in the EU
- —They cite business demand for USD liquidity in global payments and settlement
- —A euro stablecoin alone is not enough to meet that demand, they say
Why it matters: The push signals a possible softening of the EU’s stance on dollar stablecoins under MiCA, shaping how USDT and USDC compete in Europe.
Source: Cointelegraph