{
  "id": 6432701,
  "title": "Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro",
  "url": "https://urgent.news/2026/09/09/crypto-long-short-inside-the-300-to-1-onchain-gap-between-the-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T14:58:07.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/coindesk-indices/2026/09/08/crypto-long-and-short-inside-the-300-to-1-onchain-gap-between-the-dollar-and-euro"
  },
  "original_language": "en",
  "account": null,
  "summary": "Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}