Europe Steps Up Stablecoin Game 🌍
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The euro stablecoin ecosystem is growing fast:
SocGen’s EUR CoinVertible (2025) → for institutional investors
AllUnity’s EURAU (2025) → publicly available since July
Nine banks → planning a joint euro stablecoin (2026)
But challenges remain. Paxos Labs’ Bhau Kotecha:
“USD-backed stablecoins had a multi-year head start. Euro issuers must focus on the right partnerships, use cases & liquidity pathways.”