According to CoinDesk, nine European banks, including ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, and Raiffeisen Bank International, have announced the formation of new companies with plans to issue MiCA-regulated euro stablecoins in the second half of 2026.
The company will apply for an electronic money institution license from the Dutch central bank, aiming to become the European digital payment standard and open up more banks to join. Stablecoins will support low-cost, near real-time cross-border transfers and digital asset settlements.
Nine European banks plan to jointly launch MiCA compliance euro stablecoin
2025-09-25 06:42:33
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