this post was submitted on 10 Feb 2026
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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun (europeanbusinessmagazine.com)
submitted 2 days ago by Beep@lemmus.org to c/technology@lemmy.world
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[–] GreenBeanMachine@lemmy.world 7 points 1 day ago

allow the adoption of an alternative

Why would the EU need an approval from the USA?

USA can use whatever the fuck they want. This is to replace all the transactions happening within the EU.

Having your own transactions system is a big win for the EU, even if no other countries adopt it, and it's a massive loss for the USA.