The Dutch bank ING is reportedly working on the creation of its own euro-pegged stablecoin, in collaboration with other European banks and companies active in the cryptocurrency sector.
Although the project has not yet been formally approved by the bank’s top management, the initiative appears concrete and fits fully into the new European regulatory context.
A European consortium for euro stablecoins, beyond ING’s initiative
The project of the bank ING represents an important step forward in the integration between the traditional banking system and digital technologies.
According to reports, ING is said to be developing a stablecoin project that brings together major players from the financial world and the crypto sector.
The main objective is to take advantage of the new European regulation MiCA (Markets in Crypto-Assets Regulation), approved to regulate the cryptocurrency sector in the Union.
Thanks to the framework provided by MiCA, there are now precise rules f
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