“We are closely watching whether this moment creates an opening for other currencies, notably the Euro, to emerge as a linchpin of the digital asset ecosystem,” David Bachelier, Asia-Pacific CEO of Flowdesk said in a note to CoinDesk. “Such an outcome would be positive, as it would bolster the role of the Euro in crypto in terms of trading volumes, too. This would put crypto-fiat trading volumes more in line with proportions of the euro’s trading volumes versus the dollar’s.”
