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0 sats \ 2 replies \ @Coinsreporter OP 21 Mar \ parent \ on: ECB is desperate to lauch Euro backed Tether in defense of the US Stablecoins econ
I opine that Euro will be the first to die out of world's top 5 fiat currencies. Right now they are no. 2 but the times aren't far when other currency will displace them and that wi see the fall of ECB and Euro.
What's ECB? It's essentially an agreement between the most disagreed nations historically.
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0 sats \ 1 reply \ @justin_shocknet 21 Mar
Based on this list yea I think you're exactly right, even Europe doesn't use the Euro where it matters... UK is out, Norway is the energy powerhouse but does its own thing, hard to imagine Germany getting its shit together in time... their panic over US Stablecoins tells you they know their is no demand for their shitcoin.
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20 sats \ 0 replies \ @028559d218 22 Mar
They are not going to use... JPY in the EU. Having said that, I can definitely see the appeal of US dollar stablecoins... even in the EU. I hadn't thought about that angle with regards to the EU CBDC
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