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European payments groups join forces to challenge US dominance

63 points · 92 comments · vrganj

  1. rattlesnakedave · · focus · HN ↗

    [dead]

    1. hvb2 · · focus · HN ↗
      Why do you need a stablecoin if you can send the currency itself directly? If I have euros and the recipient wants euros, why would I need a stablecoin?

      Solution looking for a problem?

      1. Lio · · focus · HN ↗
        Not only is it a solution looking for a problem but it also opens up exchange fees and chance to be more easily robbed by North Korean government backed hackers looking to evade sanctions.

        <a href="https:&#x2F;&#x2F;www.euronews.com&#x2F;2026&#x2F;09&#x2F;28&#x2F;north-korean-hackers-suspected-in-3328m-crypto-heist-as-it-leads-global-hacks" rel="nofollow">https:&#x2F;&#x2F;www.euronews.com&#x2F;2026&#x2F;09&#x2F;28&#x2F;north-korean-hackers-sus...

        1. iso1631 · · focus · HN ↗
          Or just someone with a $5 wrench

          <a href="https:&#x2F;&#x2F;www.bbc.co.uk&#x2F;news&#x2F;articles&#x2F;c6eq84eygz0qo" rel="nofollow">https:&#x2F;&#x2F;www.bbc.co.uk&#x2F;news&#x2F;articles&#x2F;c6eq84eygz0qo

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