Euro Stablecoin Project Expands with Addition of 25 New Banks
A European consortium planning to launch a euro-backed cryptocurrency has added 25 new banks, including ABN Amro and Sabadell. The group now includes 37 financial institutions from 15 countries aiming to challenge U.S.-dominated digital payments while exploring blockchain-based trading of assets.
Topics: banking collaboration European consortium euro-pegged cryptocurrency stablecoin