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#60 - Crypto Regulation in the EU w/ Patrick Hansen

Law of Code

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Is EU Stablecoin Use So Far Behind US Dollars?

The euro is the second biggest currency in the world yet only accounts for a minute percentage of stablecoin use. I think that should be a huge concern for European policymakers but especially for the ECB because we shouldn't only worry as Europeans about the dollarization of the real economy but also about the crypto economy so why is that? There are several reasons including negative interest rates, lack of regulation and first mover advantage of USDT and USDC.

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