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EUR stablecoin Flash News List | Blockchain.News
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List of Flash News about EUR stablecoin

Time Details
2025-07-06
16:56
Elon Musk's Pro-BTC 'America Party' Signals Bullish Future as USD Weakness Boosts EUR Stablecoins

According to @KookCapitalLLC, traders should note two significant developments impacting the cryptocurrency market. First, Elon Musk's plan to form a new pro-tech political party, the 'America Party', which would embrace Bitcoin (BTC) because 'fiat is hopeless', signals a potential long-term bullish driver for cryptocurrency adoption in the United States. Second, the analysis points to a growing trend of de-dollarization, citing the US dollar's fall to a three-year low against major currencies under the Trump administration. This, combined with the European Union's favorable MiCA crypto regulations, is creating a major opportunity for EUR-pegged stablecoins to challenge the market dominance of USD-pegged stablecoins. The author predicts that by 2028, the end of the current presidential term, EUR-pegged stablecoins will have significantly increased in number and market share, capitalizing on global diversification away from the dollar.

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