Bancomat is developing a euro-denominated stablecoin, Euro-Bank, with a target launch in 2026. The stablecoin aims to support tokenized government bonds and streamline cross-border payments. This initiative seeks to convert cash into digital tokens, facilitating secondary market transactions and potentially reducing costs associated with custody and reconciliation. The Euro-Bank stablecoin will also be integrated into a payment app to enhance cross-border euro transactions, aiming to lower costs and expedite processing by minimizing reliance on correspondent banks. Bancomat is coordinating with national payment systems to ensure interoperability and compliance with EU regulations. The project is under regulatory review, focusing on reserve management, consumer protection, and AML controls, with ongoing technical and legal evaluations.