๐ช๐บ Europe Steps Into the Stablecoin Race
Nine of the continentโs largest banks including giants like UniCredit and ING are teaming up to issue a euro-denominated stablecoin, with a launch target set for 2026.
This initiative could mark a turning point for Europeโs digital finance landscape:
Anchored in traditional banking trust โ
Bringing euro liquidity on-chain โ
Strengthening Europeโs role in global crypto adoption โ
A bold step that positions the euro to compete directly with dollar-backed stablecoins. ๐๐ถ