Spain's Sabadell, Bankinter set to join European stablecoin consortium, Expansion says
Published on May 5, 2026.
Spanish lenders Sabadell (SABE.MC) and Bankinter are planning to join a European consortium aiming to launch a euro-pegged stablecoin in the second half of 2026. Non-listed Spanish entities such as Abanca, Kutxabank, and Cecabank are also expected to join the consortium. The move is seen as a move to counter U.S. dominance in digital payments.
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