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Europe plans euro-backed stablecoins, joint EU debt to reduce dollar reliance

Finance ministers across Europe will meet on February 16 to decide how to fight back against the global control of the US dollar. According to a document prepared by the European Commission, they’ll talk about launching euro-denominated stablecoins and expanding joint EU debt. This is a survival plan. The euro makes up only 20% of […]

Europe plans euro-backed stablecoins, joint EU debt to reduce dollar reliance