French Finance Minister Roland Lescure stated on Friday that Europe needs to increase the availability of euro-based stablecoins and encourage EU banks to explore tokenized deposits. He pointed out that the issuance volume of euro stablecoins is relatively small compared to USD stablecoins, a situation he finds unacceptable. A consortium of 10 European banks plans to launch a euro stablecoin in the second half of 2026 to counterbalance U.S. dominance in the digital payment sector.
