U.S. Risks Losing Stablecoin Dominance to Europe Without Clear Regulations
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U.S. risks losing stablecoin industry to Europe due to lack of regulation
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Europe taking proactive approach to regulate stablecoins through MiCA laws
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Stablecoins becoming global tool for U.S. dollar transactions, bolstering dollar dominance
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Unclear regulation could diminish USD demand and push stablecoin market offshore like 1960s eurodollar market
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U.S. must act quickly to assert dominance of USD stablecoins and avoid compromising global economic standing