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European Banks to Launch MiCAR-Compliant Euro Stablecoin by 2026
European Banks to Launch MiCAR-Compliant Euro Stablecoin by 2026
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BTCCSquare news:
Nine major European banks—among them ING, UniCredit, KBC, and CaixaBank—are joining forces to introduce a euro-denominated stablecoin, designed to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Slated for release in late 2026, the initiative aims to establish a faster, cheaper, and more secure payment infrastructure across the region.
The project positions itself as a European counterweight to dominant dollar-pegged stablecoins, leveraging blockchain technology to enhance transactional efficiency and transparency. This MOVE signals growing institutional confidence in digital assets as pillars of modern finance.
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