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Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
Bitcoin.com 2023-01-23 07:00:56

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program
The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of
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