ING, UniCredit join banks developing euro stablecoin under MiCA

Dutch ING and Italy’s UniCredit are among nine banks developing a MiCA-compliant euro stablecoin planned to launch in the second half of 2026.

A group of major European banks has joined forces to launch a euro-pegged stablecoin in compliance with Europe’s Markets in Crypto-Assets (MiCA) framework.

Dutch lender ING and Italy’s UniCredit are among nine banks participating in the development of a euro-denominated stablecoin, according to a joint statement published by ING on Thursday.

Built in compliance with Europe’s MiCA regulation, the stablecoin is expected to be issued in the second half of 2026, with a mission of becoming a trusted European payment standard in the digital ecosystem.

Read more