Ten banks in the EU will issue stablecoins in 2026, a euro counteroffensive under the MiCA framework.

[Coin World] Big moves are about to happen in European TradFi. BNP Paribas is leading and has teamed up with 9 other EU banks to issue a euro stablecoin through the Amsterdam-based entity Qivalis in the second half of 2026. This time, they are playing the compliance card — fully in accordance with the MiCA framework.

In plain terms, Europeans want to have their own voice in the era of digital currency. After all, the stablecoin market is currently dominated by the US dollar, and the EU cannot sit idly by; the banking system is personally getting involved to seize the lane.

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MetaMuskRatvip
· 12-04 16:44
Finally, the old European banks are starting to panic. The US dollar stablecoins have dominated for too long, and playing the compliance card is indeed a cunning move.
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BloodInStreetsvip
· 12-04 14:05
Not launching until 2026? That’s really missing the boat. By then, USD stablecoins will have already dominated the market, and the euro will just end up playing second fiddle.
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OnchainDetectivevip
· 12-03 02:50
In the end, it still comes down to traditional finance for backing. USD stablecoins have enjoyed the benefits for so long, and now the EU finally can't hold back anymore. Banks are teaming up to issue coins—this really feels like wanting to have your cake and eat it too, a "compromise" under a regulatory framework. But wait, is this Qivalis guy reliable? Can they really deliver on schedule in 2026?
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ContractHuntervip
· 12-03 02:44
European banks finally can't sit still anymore. Now things are getting interesting—life is going to get tough for US dollar stablecoins.
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SilentAlphavip
· 12-03 02:34
The euro stablecoin is here; finally, someone dares to take on the US dollar. We'll have to see if it can really make an impact by 2026.
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StakeHouseDirectorvip
· 12-03 02:33
The EU finally can't sit still anymore. Is the US stablecoin hegemony about to be shaken? We'll see the real outcome in 2026. Anyway, I'm optimistic about the move towards euro stablecoins.
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LeverageAddictvip
· 12-03 02:33
Finally, European players are taking things seriously. 2026 is just around the corner—this time it's not just the crypto community hyping things up; the banking sector is stepping in directly, and it feels completely different.
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