Enrico Carlo Volonterio is a Policy Analyst at the European Youth Think Tank (EYTT), where he focuses on international macroeconomics and finance. His research interests include the relationship between macroeconomic policy and the financial system, with particular attention to how policy and institutional choices affect financial stability and broader macroeconomic outcomes.
The rise of stablecoins may be opening a new chapter in an old monetary phenomenon: dollarisation. The underlying tension is straightforward: what may be a rational financial decision for an individual can become a macroeconomic challenge when millions of people make the same choice. This article examines how dollar-denominated stablecoins can protect savers while affecting…
The strategic rivalry between the United States and China is reshaping the post-Cold War international order, with consequences for trade, technology, finance and security. Europe is deeply affected by this competition, but it does not constitute a third equivalent power. The European Union is an economic and regulatory heavyweight, yet it remains less politically and…