EconomyCrypto Long & Short: The 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro by about 3 to 1 in the offchain economy and by more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, less than 1% of supply. He attributes the gap to path dependency and missing euro DeFi infrastructure, while arguing that MiCA-regulated issuance and euro vault rails are changing the landscape.
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CoinDesk★★☆☆☆2026-09-09 14:58Original
Crypto Long & Short: The 300-to-1 onchain gap between the dollar and euro
Economy