Hubert de Vauplane

Hubert de Vauplane is a partner at the law firm Morgan Lewis. He is newsworthy due to his expertise and commentary on the importance of developing Euro-denominated stablecoins within the European Union. Recent news articles quote him discussing the issue of stablecoin sovereignty, particularly in the context of the digital Euro versus stablecoins. He highlights that a significant majority (99.5%) of current stablecoin holdings are denominated in US dollars, which he argues presents a sovereignty challenge for Europe. Vauplane believes that Europe needs to develop its own stablecoins in Euros to avoid over-reliance on non-European issuers and maintain financial independence. His comments are relevant in the ongoing debate about the future of digital currencies and their impact on national and regional economic sovereignty.