There is a 500x gap. Dollar stablecoins: ≈$300B. Euro stablecoins: ≈$0.6B. Europe just noticed. Italy's national ATM network is building a euro stablecoin for 2026. - 7 European payment schemes coordinating - Working with Italy's Economy Ministry - Tokenized government bonds on the roadmap - Any EU bank can issue it "multiple, non-interoperable currencies just take us back to guineas and florins." 😂 Europe now wants to build one digital euro standard. Not 27 competing experiments.