Sabadell and Bankinter Join European Stablecoin Group

Sabadell and Bankinter will join a European consortium to launch a euro stablecoin in late 2026. The project aims to counter U.S. digital payment dominance.

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BANCO DE SABADELL SA and BANKINTER SA will join a European consortium to launch a euro-pegged stablecoin by late 2026. The Spanish lenders join 12 existing members including ING GROEP NV and UNICREDIT SPA. The move aims to challenge the dominance of the United States in digital payments and blockchain-based finance.

European Banks Challenge U.S. Digital Payment Dominance

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