Nine Major European Banks Unite to Launch MiCA-Regulated Euro Stablecoin
Nine leading European banks announced on 25 September 2025 a joint initiative to develop a euro-pegged stablecoin under the Markets in Crypto-Assets (MiCA) regulatory framework, with issuance planned for the second half of 2026. The consortium comprises ING, UniCredit, Banca Sella, KBC, Danske Bank, DekaBank, SEB, CaixaBank, and Raiffeisen Bank
