Not Just Tariffs, This is Trump’s

Terror That Makes You Nervous

Jakarta, CNBC Indonesia –The terror of the President of the United States (US) Donald Trump is not only about new import tariffs. But also related to regulations regarding cryptocurrencies.

Trump has indeed promised to overhaul the rules regarding crypto. Including canceling a number of crackdowns on the sector during the previous Joe Biden administration.

However, Trump’s policy that will allow stablecoins to conduct cross-border transactions worries the Italian Minister of Economy, Giancarlo Giorgetti. In fact, he said the policy was more dangerous than the new US tariff policy.

“Lately, the general focus has been on the impact of trade tariffs. But what is more dangerous is the US policy on cryptocurrencies, especially regarding dollar-denominated stablecoins,” said Giorgetti, quoted from Reuters, Wednesday (4/16/2025).

Stablecoins are pegged to dollars. This will allow crypto to maintain a constant value.

According to him, stablecoins will provide an opportunity for people who invest to be widely accepted for cross-border transactions. They do not need a bank account in the US.

The offer will certainly appeal to many citizens of countries with unstable currencies. While reminding that the appeal of the people in the European region should not be underestimated.

“But the appeal for people in the eurozone should not be underestimated,” he explained.

The European Central Bank (ECB) is known to be working on a Digital Euro. This is a way to promote payments and protect fiat currencies from stablecoins.

The Digital Euro could be a solution for European citizens to make payments both offline and online. In addition, it can also exchange money.

“The Digital Euro is very important to minimize the need for European citizens to use foreign solutions to access basic services such as payments,” he said.

SOURCE : CNBC INDONESIA