‘Euro stablecoin isn’t enough’: EU issuers make case for USD tokens
Summary
European stablecoin issuers are launching regulated US dollar tokens to meet business demand, arguing that euro stablecoins alone cannot satisfy cross-border payments and settlement needs. AllUnity’s new USDAU, along with tokens from Stable Mint, Fiat Republic, and SG-FORGE, reflects the view that dollar liquidity remains essential in global trade, FX, and 24/7 treasury operations. Issuers say Europe should regulate access to dollar stablecoins rather than try to replace them with euro-denominated alternatives. They favor a diversified ecosystem with both euro and dollar digital cash under clear rules. Despite this growing interest, Europe-issued dollar stablecoins are still tiny compared with USDT and USDC.
