Will the ECB’s digital euro prevent dollar stablecoin dominance?

[madmax]

Not necessarily. The digital euro is projected for 2029 and may face limits on holdings, slow adoption, and bureaucratic hurdles. Experts argue that private euro-backed stablecoins could be more flexible and widely used in real-world payments, providing a faster solution to reduce reliance on US-dollar stablecoins.

[Nahid Hossen]

The digital euro could balance things, but adoption speed will decide everything. ️