EU should adopt digital currencies to reduce economic dependence on the US, argues former Italian PM
By
Francesco Grillo
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
The article argues that the EU should embrace digital currencies to reduce its economic dependence on the US, especially given geopolitical instability in 2026 including wars, tariffs, and weakened NATO alliances. It highlights how the US dominance of international payment systems creates vulnerability for Europe, and suggests that adopting digital currencies could strengthen EU economic sovereignty and resilience.
Key quotes
· 4 pulledCompared to other parts of the world, the EU on the whole has been fairly reluctant to embrace digital economic innovation.
The bloc has been suspicious of cryptocurrencies, and treated them as a potential threat to a financial system where stability is paramount.
But the first half of 2026 has been full of clear risks to that stability. Wars, tariffs and shaky military alliances have changed everything.
Nato has been undermined, spending priorities have changed, and trading relationships are not as solid as they used to be.
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