Trump’s advocacy of US stablecoins may prove to be the accelerant for a stalled EU plan – the digital Euro.
Supporters are rubbing their hands in glee that their beloved pet project, a CBDC for the Euro, may finally become a reality. It’s been languishing in legislative limbo since 2023, as lawmakers were skeptical of the project.
The chances of the digital Euro being ready by the end of this year are slim at best. Even so, with major pro-crypto moves on both sides of the Atlantic, it’s a good time to get your crypto wallet ready. And while you’re at it, claim all the early-adopter benefits of Best Wallet’s $BEST token.
An EU Central Bank Digital Currency to Keep Capital Onshore
President Trump’s support of crypto stablecoins seems to have lit a fire under Brussels. The EU Parliament is fearful that Trump’s plan to let people pay with US stablecoins could empty European bank vaults, as they move their money across. So the digital Euro project is back on again to make sure Euros stay in Europe.
An EU stablecoin would be backed by the European Central Bank (ECB), providing a bulwark against any attempt by the US to destabilize European currency markets. The success of the project would most likely result in many more national stablecoins being launched in the future.
Even though Trump has banned the creation of a US central bank digital currency (CBDC) for now, that could change in the future. Then it would definitely be game on.
Good News For Non-Custodial Decentralized Wallets
If government-backed stablecoin currencies become the norm, we’re all going to need a crypto wallet. Preferably one that’s non-custodial, no KYC (Know Your Customer), and fully decentralized.
Step up, Best Wallet.
Our Best Wallet review found this wallet app gives other top crypto wallets a run for their money – promising everything future CBDC users will need to participate in a crypto economy. Unique selling points include the promise of a debit card and 8% cashback on every offline transaction.
And now, with the launch of Best Wallet’s own coin – the Best Wallet Token – the $BEST ecosystem could indeed go onto achieve its ambition of grabbing some 40% of the $11B+ crypto wallet market by next year.
Time to Buy Best Wallet Tokens
If Best Wallet is about to become the Daddy of crypto wallets, now would be an excellent time to get in while the $BEST token is still in presale, and therefore much cheaper, (now at $0.0239).
As a $BEST holder, you’ll also get extra benefits like cheaper transaction fees when using the Best Wallet app, higher staking rewards (currently at 185%), and voting and governance rights.
To buy into the future, just head over to the official Best Wallet Token presale, connect your wallet, and buy your coins with either a crypto balance or a credit card. But you need to be quick – you have just over 24 hours to get your tokens before the price increases again.
Never Use Funds You Can’t Afford To Potentially Lose
The outlook for an EU CBDC and for Best Wallet Token is certainly bullish, but nothing in life is guaranteed except death and taxes. That’s why you need to always stop for a moment, take a breath, and review your options. We can only make recommendations, not guarantees. That said, as global crypto adoption surges, we think $BEST could be worth a second look.