Euro stablecoin project adds 25 new banks to consortium, bringing total to 37
The euro stablecoin project has expanded its consortium to include 37 banks across 15 countries. This significant growth reflects a shift among European financial institutions towards active participation in the stablecoin market. The project aims to launch a MiCAR-compliant euro stablecoin by the second half of 2026.
- ▪The consortium has grown from nine founding banks to 37 members since its launch in September 2025.
- ▪The project aims to create a euro stablecoin that complies with the EU's Markets in Crypto-Assets Regulation.
- ▪The target launch window for the stablecoin is the second half of 2026.
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Euro stablecoin project adds 25 new banks to consortium, bringing total to 37 The European banking consortium behind a MiCAR-compliant euro stablecoin has more than quadrupled its membership since launching last September. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); What started as a club of nine European banks planning a euro-denominated stablecoin has quietly ballooned into a…
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