Banks Bet Big on Euro Stablecoin by 2026 – Uncanny Plan Unfolds
The chorus of nine lenders-Unicredit, ING, Dekabank, Banca Sella, KBC Group, Danske Bank, SEB, Caixabank and Raiffeisen Bank International-has formed a consortium to shepherd the scheme. A Netherlands-based company will serve as the windlass and juggle the ropes, according to a Dekabank statement relayed to Bloomberg’s Stephan Kahl, who twirls the news like a baton in a march past. 🎺



