Nine European Banks Join Forces To Issue MiCA-Compliant Euro Stablecoin

Nine prominent European banks have come together to collaborate on the development and issuance of a new euro stablecoin that complies with the Market in Crypto-Assets Regulation (MiCA). This innovative initiative aims to provide a secure and regulated digital currency, enhancing the stability and efficiency of transactions within the European financial system. By pooling their resources and expertise, these banks seek to create a reliable digital alternative to traditional currencies, paving the way for a more integrated and modern economic landscape in Europe. source: https://www.coindesk.com/business/2025/09/25/nine-european-banks-join-forces-to-issue-mica-compliant-euro-stablecoin