We are already there. Europeans all use Coinbase and other US exchanges. Coinbase alone brought over $80B in market cap to the US. 100 times more than the market cap of Yahoo when it IPOed.
source? I dont use coinbase because of higher costs and all the US shenanigans with other people's data
They certainly don't.
Coinbase is one of the, if not THE most expensive exchange on the planet.
Their infra stack is a disaster, and their feature set, espectially when it comes to transacting with non-US bank is a freaking nightmare.
Only the captive US market that can't use EU-based exchanges is forced to use coinbase.