{"id":964457,"date":"2025-09-26T09:08:41","date_gmt":"2025-09-26T03:38:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=964457"},"modified":"2025-09-26T09:13:57","modified_gmt":"2025-09-26T03:43:57","slug":"european-banks-form-company-to-launch-euro-stablecoin","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/26\/european-banks-form-company-to-launch-euro-stablecoin\/","title":{"rendered":"European banks form company to launch euro stablecoin"},"content":{"rendered":"<p>A consortium of nine European banks, including ING and UniCredit, said on Thursday they are forming a new company to launch a euro-denominated stablecoin, a move that signals mainstream finance&#8217;s shift to embrace digital markets. <\/p>\n<p>The company will be based in Amsterdam, a spokesperson for DekaBank, another of the participating institutions, said. Its stablecoin is expected to launch in the second half of next year, the consortium said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A consortium of nine European banks, including ING and UniCredit, said on Thursday they are forming a new company to launch a euro-denominated stablecoin, a move that signals mainstream finance&#8217;s shift to embrace digital markets. The company will be based in Amsterdam, a spokesperson for DekaBank, another of the participating institutions, said. Its stablecoin is expected to launch in the second half of next year, the consortium said in a statement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-964457","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=964457"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964457\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=964457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=964457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=964457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}