Looks like the ECB opened up @DefiLlama, looked at the EUR vs USD stablecoin charts..... and panicked 😁 Overall $EUR-pegged stablecoin mcap is lower today than in 2022. EUR stablecoins peaked in 2022 @ $720m mcap, and today mcap is down to just $417m 🤏 Meanwhile $USD-pegged stablecoin mcap has grown from $167b in 2022 to $265b in 2025 📊🚀 Maybe someone from the Curve community could let the ECB know $CVX is still trading 50% under intrinsic value 🙃
European Central Bank
European Central Bank28.7.2025
Stablecoins are reshaping global finance – with the US dollar at the helm. Without a strategic response, European monetary sovereignty and financial stability could erode. However, in this disruption there is also an opportunity for the euro to emerge stronger.
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