Italy's Bancomat signs up 9 Italian banks for EUR.bank stablecoin
Last year Italy’s Bancomat announced plans for a Euro stablecoin, EUR.bank, and has now named the nine founding bank partners.
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Founding banks include Intesa Sanpaolo, MPS and Crédit Agricole Italia; three of the nine — Intesa, BPER and Banca Sella — also back the 37-member pan-European Qivalis consortium, and EUR.bank still needs regulatory authorization.
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