Banks and corporates across Europe are beginning to actively select infrastructure partners for stablecoin adoption, according to Lamine Brahimi, co-founder and managing partner at crypto custody technology provider Taurus. Brahimi stated that firms with board-level approval are preparing to go live due to the introduction of Markets in Crypto-Assets Regulation (MiCA). This has accelerated the transition by replacing fragmented national rules with a single regulatory regime. Companies are using stablecoins to move funds faster, reduce costs, and operate outside traditional banking hours. European banks are also moving ahead with stablecoin initiatives, including ClearBank Europe, a consortium of major European banks, including ING, UniCredit, CaixaBank and BBVA, and Qivalis, a MiCA-compliant euro stablecoin initiative.