PANews reported on December 2nd, citing Reuters, that ten major European banks, including ING and UniCredit, have formed an Amsterdam-based company to launch a stablecoin pegged to the euro, a move expected to help them counter the US dominance in digital payments. The group announced at a press conference in Amsterdam on Tuesday that Jan-Oliver Sell, formerly of Coinbase in Germany, will serve as the new company's CEO. Floris Lugt, ING's head of digital assets, will become CFO, and Howard Davies, former chairman of NatWest, will serve as chairman. The new company's CFO announced that BNP Paribas has also joined the group , a move initially announced in September.PANews reported on December 2nd, citing Reuters, that ten major European banks, including ING and UniCredit, have formed an Amsterdam-based company to launch a stablecoin pegged to the euro, a move expected to help them counter the US dominance in digital payments. The group announced at a press conference in Amsterdam on Tuesday that Jan-Oliver Sell, formerly of Coinbase in Germany, will serve as the new company's CEO. Floris Lugt, ING's head of digital assets, will become CFO, and Howard Davies, former chairman of NatWest, will serve as chairman. The new company's CFO announced that BNP Paribas has also joined the group , a move initially announced in September.
The Euro Stablecoin Alliance will appoint a former executive from Coinbase, Germany, as its CEO.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on December 2nd, citing Reuters, that ten major European banks, including ING and UniCredit, have formed an Amsterdam-based company to launch a stablecoin pegged to the euro, a move expected to help them counter the US dominance in digital payments. The group announced at a press conference in Amsterdam on Tuesday that Jan-Oliver Sell, formerly of Coinbase in Germany, will serve as the new company's CEO. Floris Lugt, ING's head of digital assets, will become CFO, and Howard Davies, former chairman of NatWest, will serve as chairman. The new company's CFO announced that BNP Paribas has also joined the group , a move initially announced in September.
Market Opportunity
TEN Protocol Price(TEN)
$0.0013232
$0.0013232$0.0013232
USD
TEN Protocol (TEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?
The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Fed-up Lauren Boebert throws Trump's own words back in his face
President Donald Trump is leaning hard on the House GOP to pass Foreign Intelligence Surveillance Act reauthorization — but far-right Rep. Lauren Boebert (R-CO)
Share
Rawstory2026/03/26 04:41
Markets await Fed’s first 2025 cut, experts bet “this bull market is not even close to over”
Will the Fed’s first rate cut of 2025 fuel another leg higher for Bitcoin and equities, or does September’s history point to caution? First rate cut of 2025 set against a fragile backdrop The Federal Reserve is widely expected to…
Share
Crypto.news2025/09/18 00:27
