Nine major European banks are collaborating to launch a euro-based stablecoin, aiming to counter the dominance of dollar-linked tokens in global markets. The move reflects growing concern that dollar-backed stablecoins could further erode the euro’s role in international trade and the wider digital economy. Dollar-pegged assets, such as USD Coin (USDC) and Tether (USDT), still … Continue reading Nine Major European Banks to Launch MiCA Compliant Stablecoin