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The European Stablecoin Alliance has appointed a former Coinbase executive as CEO

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2025-12-02 10:46:34
On December 2, Reuters reported that the European Stablecoin Alliance has appointed Jan-Oliver Sell, who used to work at Coinbase in Germany, as CEO, Floris Lugt, head of ING digital assets, will be chief financial officer, and Howard Davies, former chairperson of Westminster Bank, will be chairperson. In addition, BNP Paribas has also joined the alliance.
Previously, nine major European banks, including ING, Banca Sella, and KBC, announced the joint launch of the MiCA-regulated euro stablecoin project in September this year to counter the dominance of the United States in the digital payment field.
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