EURO : The ECB strikes a major blow with the expansion of the EUREP

On February 14, 2026, the European Central Bank (ECB) made a decision that could reshape the global monetary balance. By expanding its repurchase agreement facility (EUREP) and accelerating the development of the digital euro, Europe intends to challenge the dominance of the dollar and stablecoins such as USDT.

The ECB expands the EUREP and strengthens the influence of the Euro

The ECB marked a turning point by opening access to its repurchase agreement facility (EUREP) to a greater number of global central banks. This decision, announced on February 14, 2026, aims to provide increased liquidity in euros, thereby reducing dependence on the US dollar in international transactions.

The EUREP, now accessible under strict conditions (excluding countries under sanctions or involved in money laundering), will allow central banks to diversify their reserves and secure their operations in euros. This change will take effect in the third quarter of 2026, marking a key milestone in the European strategy to strengthen monetary sovereignty.

Euro VS Dollar VS Yuan: a monetary battle with geopolitical stakes

The ECB does not hide its ambitions: to make the euro a currency as influential as the dollar or the yuan. Indeed, with the expansion of the EUREP, Europe now has a powerful tool to attract central banks to the euro! Thus reducing their dependence on other major currencies.

This decision is accompanied by a desire to modernize European financial infrastructures. Swap lines and liquidity mechanisms like the EUREP are designed to offer a credible alternative to systems dominated by the dollar. But the road is fraught with obstacles: the United States and China will certainly not remain idle.

The digital Euro versus the USDT: can the ECB tip the stablecoin table?

The digital euro is the other weapon of the ECB to conquer the international payments market. In advanced development, this digital currency could well overshadow stablecoins like USDT, often criticized for their dependence on private actors. Unlike USDT, the digital euro benefits from the support of a public institution, the ECB. This guarantees increased stability and security.

For users, this could mean fewer risks and smoother integration into the traditional financial system. However, the success of the digital euro will depend on its massive adoption. Companies and individuals will need to be convinced of its advantages compared to existing solutions. 

The ECB has laid the groundwork for a monetary revolution with the expansion of the EUREP and the development of the digital euro. These initiatives could well redefine the balance of power between the Dollar, the Yuan, and the Euro. But success will depend on Europe’s ability to convince global actors of its credibility. In your opinion, does the digital Euro have what it takes to dominate the market?