Regulation and Risk: Factors Driving Demand for a Euro-Backed Stablecoin
The world's second most widely held reserve currency appears to be underrepresented in the stablecoin space.
![Regulation and Risk: Factors Driving Demand for a euro-backed stablecoin](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/94a66aca-2604-42aa-96de-2f211a116159.jpg)
![Regulation and Risk: Factors Driving Demand for a Euro-Backed Stablecoin](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvOTRhNjZhY2EtMjYwNC00MmFhLTk2ZGUtMmYyMTFhMTE2MTU5LmpwZw==.jpg?#)
The world's second most widely held reserve currency appears to be underrepresented in the stablecoin space.
![Regulation and Risk: Factors Driving Demand for a euro-backed stablecoin](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/94a66aca-2604-42aa-96de-2f211a116159.jpg)
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