Imagine the world's money as different teams playing a game. Europe and the US are two big teams. Recently, the US team started using a new type of money called cryptocurrency, like Bitcoin, more than Europe. Europe is worried this might make their team's money less important!
- The US is using more cryptocurrency, especially a type called stablecoins.
- Europe is worried this will make their money, the Euro, less powerful.
- Europe wants to create its own digital money to stay strong.
Fact | Detail |
---|---|
Europe's concern | US's use of cryptocurrency could weaken the Euro. |
Europe's plan | Develop a digital Euro to compete. |
US's stance | President Trump is generally supportive of cryptocurrency. |