The real interest rate that is sustainable in the long run is determined by the growth of productivity and the demand for investment in the European economy.
One of the first and most prominent examples was the announcement by Facebook – or Meta, as it is now known – to issue a stablecoin called Libra, later renamed Diem. Although, this specific project has been abandoned; Meta only recently launched a pilot with Paxos to allow stablecoin payments with its dedicated Novi app from the United States to Guatemala.