ENXTPA:BNPBanks
BNP Paribas Joins Euro Stablecoin Push With Potential New Fee Streams
BNP Paribas (ENXTPA:BNP) is part of a banking consortium preparing to launch a regulated euro stablecoin.
The consortium is seeking Electronic Money Institution approval in the Netherlands.
The launch is targeted for the second half of 2026, subject to regulatory clearance.
The euro stablecoin is intended for compliant digital payments and settlement within the EU.
BNP Paribas is a large European banking group with activities across retail banking, corporate lending, markets and securities...