French Finance Minister Roland Lescure has called for an increase in euro-denominated stablecoins, urging EU banks to consider launching tokenized deposits. Speaking on April 17, Lescure expressed support for the Qivalis consortium, which includes 12 European banks such as BBVA, ING, UniCredit, and BNP Paribas. The consortium plans to introduce a euro-pegged stablecoin in late 2026 to challenge U.S. dominance in digital payments. Lescure's comments highlight a shift from France's previous regulatory stance, which was more critical of private stablecoins. He described the current scale of euro-pegged stablecoins as "unsatisfactory" compared to their dollar-pegged counterparts. This marks a departure from the views of former Finance Minister Le Maire and Bank of France Governor Villeroy de Galhau, who have previously expressed concerns about the risks associated with stablecoins.