🟥 My proposals for Europe not to be enslaved by the United States One of my posts published last week sparked debate on social media. It was about Europe's lag in the development of stablecoins and tokenized capital markets. While there is a very cultural aspect to our tendency to self-flagellate as Europeans, I would like to propose a list of concrete actions to reverse this trend. 👉 Major banks must fully commit to euro stablecoins. As long as their executive committees consider the subject secondary, the market will be dominated by the dollar. 👉 These initiatives must be carried out in consortium. Isolated projects unnecessarily fragment the ecosystem and face reluctance from other institutions to support a competing product. 👉 Stablecoins must flow into the real economy. Payments, intercompany settlements, cross-border transfers: without broad distribution, they will remain confined to crypto trading. 👉 Update the MiCA regulation on stablecoins. The current framework secures, but it also stifles the business models of issuers. It needs to be adapted to allow the emergence of European champions. 👉 Clarify the ECB's digital euro project. Either by providing visibility on its outlines or by formally abandoning it. The current ambiguity blocks private initiatives. 👉 Accelerate the unification of European capital markets. A digital currency cannot exist without market depth comparable to that of the United States. 👉 Increase experimentation with the DLT pilot regime. Too much administrative burden and limitations hinder innovation while the US moves quickly. 👉 Simplify the taxation of crypto-assets. Not necessarily to lighten it, but to make it clear, stable, and predictable, in order to provide visibility to entrepreneurs and investors. Every day, @TheBigWhale_ analyzes and offers the essential keys to understanding to navigate this industry. Do you have other ideas? Share them under this tweet 👋