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Unpacking Implications of MiCA on the Tokenized Fiat Ecosystem in Europe

Tokenized

CHAPTER

Regulatory Framework and Euro Stablecoins in Europe

Exploring the impact of regulations on Euro stablecoins, the chapter discusses potential adoption, comparisons with dollar-denominated stablecoins, historical context of European payment networks, European-wide interoperability needs, challenges in achieving global currency prominence, and the introduction of EuroPEGS stablecoin by Society Generale.

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