RegulationDeFi41 MINS AGO
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Compiled by KoinLens from 1 source
Importance 43Neutral* Trust 85 · 1 source4.0Market Impact: 4.0/10 · Moderate
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.
