technocritEuropean banks to launch euro stablecoin in bid to counter US dominance
What is the use case of stable coins? Fast international money transfer? Or are there other I’m not aware of
“Fast” international money transfer without value fluctuations. AFAIK, it’s used to send money back overseas without fees and for online casinos.
Agreed. A euro-denominated stablecoin makes sense for fast cross-border payments without FX risk, especially if the goal is reducing dependence on USD rails. It fits neatly with the EU’s push for payment sovereignty and an independent financial stack.👌