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Europe killed stablecoins via regulation, Jeroen Blokland argues
Jeroen Blokland, industry influencer, argues that while Europe did not explicitly mention CBDCs or eurobonds, its regulatory actions effectively targeted stablecoins, regulating them out of existence. Blokland asserts that unlike the U.S., which did not close the stablecoin window, Europe intentionally eliminated this option through regulation. He further states that the European Central Bank's efforts to introduce a CBDC will also be unsuccessful, leaving only a limited set of alternatives for the region.
Blokland recently explained that U.S. stocks have been supported by accelerating earnings growth according to key indicators, even during periods of war uncertainty, in a prior assessment. He also argued that high energy prices and recession fears had not ended the bull market, citing signs of continued strong profits in another recent article. His latest comments on European regulatory moves add to a pattern of closely tracking policy impacts on financial markets.
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