Cryptomercantilism: How US Stablecoins Threaten Europe’s Monetary Sovereignty
Can Europe safeguard its monetary autonomy as dollar-backed stablecoins expand globally?
Since early 2025, the European Macro Policy Network (EMPN) has been established as its own legal entity headquartered in Brussels. Its core tasks are strategic regranting, the coordination of research and policy missions across Europe, and the publication of policy briefs targeted toward EU institutions.
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Can Europe safeguard its monetary autonomy as dollar-backed stablecoins expand globally?
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