Euro Stablecoin Set for 2026 Launch as 9 Banks Unite – Best Wallet Token ($BEST) Emerges a Presale Winner

On September 25, 2025, nine European banks formed a consortium to develop a euro-backed stablecoin, set to launch in the second half of 2026. The consortium has created a new Netherlands-based company to issue the token. The central European banks forming the consortium include UniCredit (Italy), ING (Netherlands), DekaBank (Germany), Banca Sella (Italy), KBC Group (Belgium), Danske Bank (Denmark), SEB (Sweden), CaixaBank (Spain), and Raiffeisen Bank International (Austria). The goal is to challenge dollar dominance in stablecoins source: https://www.newsbtc.com/news/9-european-banks-stablecoin-consortium-fight-dollar-dominance/