EU top-level official says the US stablecoins challenge the EU financial stability, names the remedy

On Mar. 10, 2025, European Stability Mechanism managing director Pierre Gramegna expressed his concerns regarding the potential harm of the U.S. government’s pro-crypto course and USD-denominated stablecoins to the EU’sEU’s financial stability and sovereignty.  Gramegna’s recent commentaries concerning the U.S.…