This move by Donald Trump to support USD-backed stablecoins further cements the dollar’s dominance in global crypto markets, raising alarms in the EU. With USD stablecoins already making up 97% of the market, European regulators see this as a growing threat to financial sovereignty.

In response, the European Union is accelerating efforts to launch a digital euro. The goal? Reduce reliance on the dollar and establish greater financial autonomy. However, with the US pushing stablecoin adoption and integrating it deeper into global finance, the EU’s challenge becomes even greater.

Could this lead to a digital currency battle between the US and Europe? 🤔 #crypto #usd #TRUMP