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The Bankue de France explodes the Trump Pro-StableCoin account, states the urgent need for digital euro

The Bankue de France explodes the Trump Pro-StableCoin account, states the urgent need for digital euro

The High French Central Banker warned that American shifts of politics would promote Stablecoine to reconcile the European Monetary sovereignty in the absence of digital euros.

Denis Beau, First Deputy Governor Bankue De FranceHe warned that Donald Trump Recent Executive Administration Account Promoting Dollar Stablecoins represents “concrete unwanted consequences” for financial sovereignty in Europe and invited to urgent progress on a Digital euro.

In a speech Last week, Beau noticed that the DXEZTIV orderHe was signed by the US President Donald Trump at the end of January, forbids all the work on the development of a new formal currency of the Central Bank, promoting the development of stablecoins that support dollars and encourage citizens and companies to use public blocks.

He warned that “without a payment solution based on the central bank” private, non-European alternatives can dominate the tokenized finances.

“If the tokenization of financial assets was to collect, the lack of a payment solution in the amount of the Central Bank may endanger the role of the Central Bank’s money as an anchor monetary architecture Euro, with specific negative consequences.”

Denis Beau

The first deputy Governor Bankue de France connected this trend by increasing the risks of association and liquidity, increased the fragmentation of the settlement and eventually “loss of sovereignty and weakening of financial stability.”

Beau added that Trump’s new political direction “reinforces the need for Europe to preserve its monetary sovereignty, which means developing its sovereignty for payment.” He also noticed that Apple Pay and Google The salary has already established a strong foothold in Europe, while European payment systems remain fragmented and continuously lose market share.

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2025-04-23 10:21:00

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