U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT
The GENIUS Act’s passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments. What to know: European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to […]