The highest EU level official says American Stablecoins provoke EU financial stability, appointed medicine

10. Marta 2025. The European Pierre Gramegna stability management expressed concern about the potential damage to the pro-cripto course and the American government stabilies and stabilized stability in the EU’sse.

Recent comments Gragne regarding the potential influence of American Cripto policy on the eurozone economy are associated with Facebook story about Libra / Diim. Facebook failed to start its crypt due to legal disputes and a generally careful approach to cryptos from government institutions.

During Press conference EurogroupGramegna said technological giants can try to launch their cryptocurrency such as Facebook tried to do in 2019-2022. Since the current administration is bravely pro-cropto, they associate that the association of cryptocurri with global leadership, new efforts of a similar library may occur.

Reuters quotes Gramegna says the following:

The attitude of the American administration, compared to the past, the US administration is affordable to the cryanians and especially stablecoins, which can set certain concerns in Europe to be able to set foreign and American technological giants to launch StableCoinsOinsOins.

Is the threat real?

The payment system launches communicating messengers or social media platforms with more than one billion audience can seriously affect the financial stability of the EU, and even sovereignty, according to gramegni.

From November 2024. On average, Facebook was used Every day 260 million users. From March 2025. EU population reach Over 744 million people. This means that almost 35% of the EU population uses Facebook in any day. There are even more installation of daily users in Europe.

No wonder this person is giving these people an instrument for current transboundary payments companies registered in the United States, it can look destabilizing. Suppose many Europeans believe that it is appropriate to pay via platforms and messenger and banks in banks instead of bank cards. In this case, new payment systems can apply significant liquidity share from Euros and redirection to the US economy. More than that, any Tech Giant-issued Payment System may have serious problems of centralization, creating a potential threat in terms of technical security.

Are such projects (if they appear) represent the existential challenge of the eurozone? Theoretically, it is so, but in practice, European countries can block such payment systems to be deployed in their jurisdictions as they have already done when Facebook tried to start Facebook.

Rhetoric 2019 year was quite the same. European officials said they should block Facebook scales in their countries to protect financial sovereignty. BBC quotes Then the Minister of Finance of French Bruno Le Maire says that the scale “represents a systemic risk from the moment you have two billion users”. He warned that potential faults in the functioning of the library or district management system could lead to serious relegation. He concluded: “The concern for the library is serious. So I want to say with a lot of clarity: In these conditions, we cannot approve the development of scales on European soil.”

The United States can support the “next library”, but will it be able to push it through the legal barriers of the EU protectionist? Even if the EU successfully blocks such initiatives, the application of such payment systems in other regions potentially expands the used USA for the US influence as it narrows it for its competition, including Europe.

Potential solution

The main and probably the only solution posed as an alternative to popular American stablecoins is European CBDCS. The European Central Bank is working on a digital euro project from 2020. Gramegna clearly connects European autonomy with the introduction of EU CBDC and has called work on emergency euro in its speech. He said, “The digital euro is needed today than ever.”

Gramegna even said that it was possible to “indulge in the Mića Directive, which could show the key here to oppose some effects we talked about.” In Europe, CBDCs should replace systems such as visa and Paypal, moving out of the influence of the United States.

Europe could answer supporting Euro-Aponomed StableCoins, but current statistics for such an initiative is far from promise. USDT and USDC USCE COINBASTERTERBAZE already dominated by stableCOINS. In contrast, stableciins were in the euro so far in terms of market caps and seek them hardly call them competitors. According to coinmarketcap, the first 11 largest stableCoins (in terms of market cap) are the cheerful to US dollars. 12. The largest stablecoin is stasis euro, mitigated in the euro. The KAP-wisely market, it is 258. the largest cryptocurrency. EURRC, Tether Euro and Euro Vertible are the only other Euro-lug stablecoins on the list of the best 30 stablecoins with the largest market cover. Coins called by Countries dominate the list.

This does not mean that Europe cannot use the Euro-iron stablecoins, but that means the starting point is far from favorable. The situation with digital euros is quite opposite. As the United States has banned the development of CBDC, Europe can be beaten as a free world leader in the use of CBDC.