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CryptoCoinDesk · 19d ago

Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro

Euro-pegged stablecoins represent only €711 million, creating a 300-to-1 onchain usage gap favoring the dollar over euro. The disparity stems from path dependency and insufficient euro DeFi infrastructure, though MiCA-regulated issuance and euro vault rails are beginning to address it.

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