Brief: Nine Major European Banks To Form New Company To Issue Stablecoin

CaixaBank SA

25/09/2025 07:12

Sept 25 (Reuters) - ING Groep NV INGA.AS:

NINE MAJOR EUROPEAN BANKS JOIN FORCES TO ISSUE STABLECOIN

CEO IS EXPECTED TO BE APPOINTED IN NEAR FUTURE, SUBJECT TO REGULATORY APPROVAL

STABLECOIN CONSORTIUM FORMED A NEW COMPANY IN THE NETHERLANDS

STABLECOIN EXPECTED TO BE FIRST ISSUED IN H2 2026

BANKS ARE: ING, BANCA SELLA, KBC, DANSKE BANK, DEKABANK, UNICREDIT, SEB, CAIXABANK AND RAIFFEISEN BANK INTERNATIONAL

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Further company coverage: INGA.AS

 (Gdansk Newsroom)

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