France pushes euro stablecoins as banks plan launch
Reliability
Based on 12 sources
Publications (12)
Sources (12)Fact-Checking
25 claimsFrance's finance minister Roland Lescure stated that the current state of euro stablecoins is 'not satisfactory'.
The world's largest stablecoin, Tether, has more than 185 billion dollars in circulation.
Société Générale's euro-linked stablecoin, launched in 2023, has only 107 million euros in circulation.
Open Questions
5 questionsTen European banks, including ING, UniCredit, and BNP Paribas, have joined the Qivalis project.
According to RealtidTwelve European banks led by Qivalis are partnering with Fireblocks.
According to www.ainvest.comContext: The discrepancy may reflect different reporting times or inclusion criteria, but it affects the perceived scale of the initiative.
Analysts at S&P Global Ratings expect the euro stablecoin market to grow from 650 million euros to 1.1 billion euros by 2030.
According to RealtidEuro-pegged stablecoin assets were at just $650 million as of January 2026.
According to www.ainvest.comContext: The S&P projection uses euros and a 2030 timeline, while the DeFiLlama figure is in dollars and from January 2026. The difference in currency and date makes direct comparison difficult, but both indicate a small market relative to USD stablecoins.