Eduardo Morrison Gómez will be speaking on a panel with other industry leaders at Blockchain Week Bulgaria about what it actually takes to make euro stablecoins work as a viable euro payments channel. On the panel, he will target questions such as distribution, liquidity, payments utility and how to build something people actually want to use.
Of the 35 euro stablecoins tracked today, 10 are winding down. The whole market is €719.7M, and two issuers hold 79% of it. That is the market Eduardo Morrison Gómez is building in. He is Co-Founder and Chief Business Officer at Schuman Financial, which issues #EUROP. It is the sixth-largest euro stablecoin. Size isn't the interesting part. The shape of the market around it is. 97.7% of euro stablecoin supply now sits under MiCA's e-money token regime, so the regulatory question is largely settled. Supply is up roughly 37% over twelve months but down 16% in the last thirty days. And nearly a third of the issuers who entered are on their way out. Which makes one of his panel's questions the right one to put to him: what does it actually take to make issuing a euro stablecoin a viable business, rather than a launch? Eduardo joins "Stablecoins for Euro Payments: Private Rails and the Road to Adoption at F3" 25 September, 14:20, Sofia Tech Park