Thirty-Seven European Banks Point a Euro Stablecoin at Public Ethereum
Qivalis said a MiCA-oriented euro coin from a 37-bank group will issue on public Ethereum, with an EMI license still pending. EURC already holds a large slice of euro stablecoin float after July’s MiCA hard deadline pushed unlicensed tokens off regulated EU venues. Public-chain issuance is the political tell: banks want the liquidity of Ethereum without building a private ledger first.
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