Digital asset infrastructure firm Fireblocks is set to provide issuance and distribution services for a euro stablecoin backed by 12 banks, signaling a rapid advancement in European bank-led stablecoin initiatives. This development comes amid calls from France's finance minister for increased euro stablecoin adoption to counter the dominance of dollar stablecoins in digital payments.
Fireblocks to Support Euro Stablecoin Backed by 12 Banks
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