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EU Weighs Ethereum as Core Infrastructure for a Potential Euro Stablecoin
Summary by Crypto Economy
2 Articles
2 Articles
EU Weighs Ethereum as Core Infrastructure for a Potential Euro Stablecoin
TL;DR The European Union is evaluating Ethereum as the infrastructure for a potential euro-denominated stablecoin, with the regulatory debate still ongoing. The network is competing as the foundation for a sovereign digital asset, but it would increase the risk of greater state control over users. ETH is trading near $1,990 with a 1% decline, an RSI at 53, and a positive MACD. Ethereum is being considered as infrastructure for a potential euro …
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