BTCC
/
BTCC Square
/
Global Cryptocurrency
/
EU Finance Ministers to Debate Euro Stablecoin Framework Amid Dollar Dominance
EU Finance Ministers to Debate Euro Stablecoin Framework Amid Dollar Dominance
16
2
BTCCSquare news:
European Union finance ministers will convene on 9 October 2025 to reassess the bloc's strategy for euro-denominated stablecoins under MiCA regulations. The discussions aim to bridge the gap between risk management and fostering digital asset innovation, as euro-backed tokens currently represent just 0.2% of the $300 billion global stablecoin market.
The meeting follows criticism that Europe lags behind U.S. regulatory progress, particularly after July's Genius Act cemented dollar supremacy by mandating Treasury-backed reserves for stablecoin issuers. Concordium's long-term blockchain infrastructure investments may now face a pivotal test as policymakers seek to accelerate euro stablecoin adoption.
By:
