Imagine money that lives only online – that's cryptocurrency! Recently, there's been a big debate in Europe about this digital money. The US wants to use a special kind of online money called stablecoins, which are tied to the US dollar.
- The US wants to use stablecoins for online payments.
- Europe is worried this might take away its power over its own money.
- Europe is working on its own digital money to stay in control.
Thing | Fact |
---|---|
Stablecoins (like online dollars) | Worth over $224 billion! |
Europe's plan | Create its own digital money. |
US plan | Use stablecoins to keep the US dollar strong. |