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Banca Sella Breaks New Ground: Italian Banking Giant Trials Fireblocks for Stablecoin Custody

Banca Sella Breaks New Ground: Italian Banking Giant Trials Fireblocks for Stablecoin Custody

Author:
Coindesk
Published:
2025-07-02 12:49:17
11
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Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg

Another day, another bank dipping its toes—carefully—into crypto waters.

Banca Sella just became Italy's first banking group to pilot institutional-grade stablecoin custody. Partnering with Fireblocks, they're testing infrastructure that could let traditional finance finally play nice with digital assets.

The move comes as EU regulators circle stablecoins like vultures—because nothing terrifies bureaucrats more than efficient private-sector money.

Watch this space: if the pilot succeeds, we might see Europe's first compliant bank-run stablecoin vault. Or just another 'innovation' buried under compliance paperwork by 2026.

|Square

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