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  <titleInfo>
    <title>Binding Without Debating - How the EU Joined America’s Chip Architecture Through the Back Door</title>
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    <namePart>Perugini, Marco</namePart>
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    <publisher>Verfassungsblog</publisher>
    <dateIssued>2026-07-30</dateIssued>
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  <abstract displayLabel="Summary">In early June 2026, the COREPER authorized the European Commission to formalize the EU’s participation in Pax Silica, the US-led semiconductor supply-chain initiative. By June 26, the European Union was a formal signatory. The process was orderly. It was also, by any meaningful democratic standard, invisible. No European Parliament debate preceded the authorization. No impact assessment was published. No connection was drawn to a parallel development: the entry into force of the GENIUS Act, the US stablecoin law. The EU bound itself to one American architecture while remaining structurally exposed to another.</abstract>
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  <note type="statement of responsibility">Perugini, Marco</note>
  <subject>
    <topic>Article 218 TFEU</topic>
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  <subject>
    <topic>Committee of Permanent Representatives</topic>
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  <subject>
    <topic>EU</topic>
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  <subject>
    <topic>GENIUS Act</topic>
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  <subject>
    <topic>Markets in Crypto-Assets Regulation</topic>
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  <subject>
    <topic>MiCA</topic>
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  <subject>
    <topic>Pax Silica</topic>
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  <subject>
    <topic>Tether</topic>
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  <subject>
    <topic>semiconductor supply-chain initiative</topic>
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  <subject>
    <topic>stablecoin law</topic>
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    <topic>EU</topic>
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  <identifier type="doi">10.59704/940f3e77bfed9ed1</identifier>
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