Nov 27 (Reuters) - UniCredit SpA CRDI.MI tells an Italian parliamentary panel:
UNICREDIT CEO ORCEL: WE JOINED A STABLECOIN CONSORTIUM BECAUSE EUROPE IS BEHIND
UNICREDIT CEO ORCEL: FOR STABLECOINS THE KEY ISSUE IS DISTRIBUTION, OTHERWISE NOBODY USES IT
UNICREDIT CEO ORCEL: THE POINT OF STABLECOINS FOR US IS TOKENISATION FOR EXAMPLE OF CONTRACTS FOR CLIENTS
UNICREDIT CEO ORCEL: WE DON'T SEE CONTRADICTION BETWEEN OUR STABLECOIN PROJECT AND THE DIGITAL EURO
Source text: [ID:]
Further company coverage: CRDI.MI
((gavin.jones@thomsonreuters.com;))