Elisabeth Krecké

Elisabeth Krecké is a Luxembourg-based economist, author, and former professor at Aix-Marseille University and the University of Science and Technology of Lille. She is a regular contributor to GIS, a platform for scenario-based geopolitical analysis. Her research focuses on how regulatory and technological changes in money, banking and finance affect privacy, freedom and democracy.

Stablecoins, Geopolitics

Europe faces a reckoning on stablecoins

Stablecoins were born from crypto’s ambition to challenge fiat currencies, yet they are reinforcing the global reach of the US dollar. As their expansion accelerates, the EU faces pressure on monetary sovereignty, fiscal disparities among member states, and a fragmenting financial system.

Elisabeth Krecké
May 14, 2026