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80eight Blog | Why European banks will blow up in the next few years
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Go backWhy European banks will blow up in the next few years June 24, 2025 Why European Banks Will Blow Up in the Next Few Years Why European Banks Will Blow Up in the Next Few Years Four banks blew up in the US in the last two years. Many more banks will blow up in Europe in the next few years. That is the prediction made by Tether CEO Paolo Ardoino on the Less Noise More Signal podcast. Tether CEO Paolo Ardoino. Source: ZeroHedge “Stablecoins are a safer way to hold digital dollars, with better access and better user experience. One of the reasons we decided not to have USD stablecoins in Europe.” Stablecoins are the better banks of today, he adds. “Regulators were pushing us to have 60% of our reserves in uninsured cash deposits in Europe. Imagine that you have 10 billion euros in market cap of your stablecoin in Europe. Then 60% needs to be kept in uninsured cash deposits in a bank. Uninsured cash deposit means that ...
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