Europe grapples with dollar dependence through stablecoins until 2028

European stablecoin regulation (MiCA) keeps the EU dependent on foreign fiat currencies, particularly the US dollar, through 2028.

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The fact

This regulatory trap constrains European crypto actors to currencies not controlled by the Union.

The European Commission must address digital monetary autonomy to reduce this vulnerability.

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Auto-synthesis from 1 media source · identified on May 11, 2026