Europe Must Embrace Euro Stablecoins Now—Or Surrender Financial Sovereignty, Warns Ex-ECB Heavyweight

Stablecoin showdown: Europe's financial future hangs in the balance.

The eurozone faces a make-or-break moment as former ECB insider sounds the alarm. Either back homegrown digital euro alternatives—or watch global rivals rewrite the rules of finance.

Why stablecoins matter more than ever

While Brussels bureaucrats debate MiCA regulations, Tether's euro-pegged cousin just hit €5B in circulation. Private issuers aren't waiting for permission—they're building the infrastructure Europe hesitates to sanction.

The sovereignty paradox

Every delayed decision hands more advantage to dollar-dominated crypto markets. Last quarter alone, euro stablecoins processed under 12% of DeFi volumes compared to USD counterparts—proof that 'strategic autonomy' makes great speeches but poor monetary policy.

Wake-up call for legacy finance

Unless EU institutions move faster than their usual glacial pace, they'll find what's left of Europe's financial influence has been tokenized—and traded on Uniswap by hedge funds that couldn't point to Brussels on a map.