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Euro Crypto to Launch in a Year – to Challenge Dollar Dominance
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The ECB's influence over monetary policy is threatened if Europeans start using dollar-linked stablecoins on a large scale. Therefore, a new digital means of payment tied to the euro is welcomed.
Stablecoins and CBDCs: two models of digital money Stablecoins are private digital assets designed to maintain a stable value, usually anchored to currencies like the dollar or the euro. More and more used in international payments and decentralised finance platforms, they are presented as a bridge between the traditional financial system and the cryptic world. On the other hand, CBDCs (Central Bank Digital Currencies) are digital currencies iss…
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