The euro has hit a 17-month low against the dollar, driven by fiscal instability in France and divergent monetary policies between the Federal Reserve and the European Central Bank.
The euro reached a 17-month low against the dollar amid political uncertainty in Spain and France, while rising interest rates continue to dampen European share sales.
The euro has fallen to a 17-month low as political uncertainty in Spain raises concerns about the stability of the eurozone.
Euro-pegged stablecoins represent less than 1% of the total supply, but MiCA regulation and DeFi vault growth are narrowing the gap with USD stablecoins.
