EU top-level official says the US stablecoins challenge the EU financial stability, names the remedy
On Mar. 10, 2025, European Stability Mechanism managing director Pierre Gramegna expressed his concerns regarding the potential harm of the U.S. government’s pro-crypto course and USD-denominated stablecoins to the EU’sEU’s financial stability and sovereignty. Gramegna’s recent commentaries concerning the U.S. crypto policy’s potential impact on the eurozone economy are associated with Facebook’s Libra/Diem story. Facebook