Nine major EU banks—think ING, Danske, UniCredit, CaixaBank—are teaming up to launch a fully compliant, **euro-backed stablecoin** under MiCA rules. The goal? Shift away from U.S. dollar dominance in crypto and bring stable value *native to Europe*.
This isn’t just a stablecoin. It’s a coordinated banking effort to reshape how digital money moves within the EU. Backed by regulation. Built for compliance. Designed to integrate.
A Netherlands-based company is already formed. License in the works. CEO hunt underway. Launch target? **2026.**
While the U.S. battles over regulation, Europe is building. Quietly. Strategically. With structure.
For founders, builders, and institutions in the EU: this might be the foundation for the next generation of DeFi, payments, and tokenized assets—all settled in euro, not USD.
Crypto’s not just going mainstream. In Europe, it’s going local
#EuroOnChain #MiCAReady #DigitalFinanceEur #MarketPullback $EUR $USDC
