{"id":11692,"date":"2025-02-06T12:46:32","date_gmt":"2025-02-06T12:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11692"},"modified":"2025-02-06T12:46:32","modified_gmt":"2025-02-06T12:46:32","slug":"trumps-support-for-dollar-pegged-crypto-will-fast-track-digital-euro-approval-ecb","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11692","title":{"rendered":"Trump&#8217;s Support For Dollar-Pegged Crypto Will Fast-Track Digital Euro Approval: ECB"},"content":{"rendered":"<div>\n<p>The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President <strong>Donald Trump<\/strong> will speed up the legislative approval process for the digital euro.<\/p>\n<p><strong>What Happened<\/strong>: ECB board member <strong>Piero Cipollone<\/strong>\u00a0conveyed optimism that Trump\u2019s endorsement of globally accessible\u00a0stablecoins tied to the dollar\u00a0would spur the digital euro initiative, reported\u00a0Reuters.<\/p>\n<p>The ECB envisions its digital currency as a central bank-backed online wallet, offering an electronic payment alternative that operates independently of major U.S. providers like <strong>Visa Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/V#NYSE\">V<\/a>) and <strong>PayPal Holdings Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/PYPL#NASDAQ\">PYPL<\/a>).<\/p>\n<p>Despite the European Commission proposing legislation for the digital euro in June 2023, progress has been sluggish due to skepticism from certain lawmakers and bankers. Cipollone, however, anticipates an acceleration in the process as the political &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43524640\/trumps-support-for-dollar-pegged-crypto-will-fast-track-digital-euro-approval-ecb\" alt=\"Trump's\" support for dollar-pegged crypto will fast-track digital euro approval: ecb>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone\u00a0conveyed optimism that Trump\u2019s endorsement of globally accessible\u00a0stablecoins tied to the dollar\u00a0would spur the digital euro initiative, reported\u00a0Reuters. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11692","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11692"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11692\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}