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GM Lens frens, you can collect this post 🌿
🗞️ This week, Circle (the company that issues USDC) announced that it will launch a Euro stablecoin #EUROC at the end of June. So an American company will have control of an EU stablecoin.
💬 I exchanged an hour with Bank of France on this point, and about economic war, the risks for Europe and the loss of confidence in institutions to the benefit of crypto. And of course, CBDS's. 🧵
💶 CBDC:
The Bank of France does not want e-Euro to be "hoarding", kept warm by consumers. The goal being to not compete with banks, skeptical of MNBCs. Perhaps there will be limits to MNBC holdings, which should be "privacy conscious".
🔴 Circle #EUROC, an admission of weakness?
"Americans have very fast growth logics. We have to manage to create the breeding ground for innovation in Europe. Regulation must not be a brake on these issues."
⚔️ Crypto-economic warfare?
97% of stablecoins are American.
"We need strategic autonomy for Europe. We are convinced that a digital euro will help us remain independent. It will allow us to have a direct link with the end users".
🇸🇻 The countries that choose Bitcoin?
"They'll come around when they understand the issues."
👉 For all : youtu.be/jIUZi3DGi7c
🪄 (You can collect this post!)
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