Regulation and risk: Factors driving demand for a euro-backed stablecoin

The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space.
Source: Regulation and risk: Factors driving demand for a euro-backed stablecoin (https://cointelegraph.com/news/regulation-and-risk-factors-driving-demand-for-a-euro-backed-stablecoin)
Would appreciate your opinion about this