❕ Trump’s Crypto Policy Pushes EU to Accelerate Digital Euro
Trump’s pro-crypto stance, favoring USD-backed stablecoins, is raising concerns in Europe over financial sovereignty. The European Stability Mechanism warns that increasing reliance on U.S. stablecoins could weaken the euro’s global role. In response, the ECB is fast-tracking its digital euro initiative, with testing set for Q2 2025. Meanwhile, Trump’s executive orders continue to support crypto expansion, including a Strategic Bitcoin Reserve, while the ECB remains opposed to Bitcoin in its reserves.
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❕ Trump’s Crypto Policy Pushes EU to Accelerate Digital Euro
Trump’s pro-crypto stance, favoring USD-backed stablecoins, is raising concerns in Europe over financial sovereignty. The European Stability Mechanism warns that increasing reliance on U.S. stablecoins could weaken the euro’s global role. In response, the ECB is fast-tracking its digital euro initiative, with testing set for Q2 2025. Meanwhile, Trump’s executive orders continue to support crypto expansion, including a Strategic Bitcoin Reserve, while the ECB remains opposed to Bitcoin in its reserves.