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 Trump’s executive order raises EU concerns over USD stablecoin dominance Cointelegraph 6 days ago

Trump’s executive order raises EU concerns over USD stablecoin dominance 🇺🇸

US dollar-pegged stablecoins currently dominate 97% of the global stablecoin market, causing unease in the European Union. This dominance raises questions over the implications of Trump’s executive order, which appears aimed at reinforcing dollar supremacy through these digital assets. The EU is wary of potential shifts in financial power dynamics.

Source: cointelegraph.com ↗