💶 European Banks Launch Euro-Stablecoin: The Response to Global Debt

Body:

Major European banks have created a company to launch a euro-based 'stablecoin'. This move seeks to counter the dominance of USD-pegged stablecoins and establish a regulated standard in the EU.

👉 Implication for the Trader:

• Diversification of Stablecoins: It could provide a safer and regulated option for EU traders to protect their capital from volatility.

• Impact on USDT/USDC: Monitor if this new stablecoin affects the liquidity of existing fiat-dollar pairs in the ecosystem.

#Stablecoin #EU $BTC #FinanzasTradicionales #Regulación

BTC
BTCUSDT
77,944.5
-0.78%

$ETH

ETH
ETHUSDT
2,296.11
-4.65%

$XRP

XRP
XRPUSDT
1.6285
-1.03%