Euro stablecoin
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Crypto Long & Short: Don’t Write Off Euro Stablecoins Just Yet
Yahoo Finance· 2025-12-03 15:49
Suppose we accept two simple facts: 1. the euro is not going to disappear, and 2. Europe is not going to dollarize, so then a globally significant euro stablecoin is a logical outcome. The underlying euro economy is enormous. In 2023, the Eurosystem’s T2 platform processed roughly €2.2 trillion per day . According to the Bank for International Settlements (BIS) , average global FX turnover reached $9.6 trillion per day in April 2025, with the USD on one side of about 89% of all trades; the euro ranked as th ...