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#BitcoinFallsBelow80K
Portugal Officially Issues Its First Stablecoin With European Regulatory Standards
Bison Bank officially launched the Bison Bank Electronic Money Token, the first stablecoin from a Portuguese banking institution, available in the EUB (Euro) and USB (US Dollar) versions. This asset is designed to facilitate faster, more transparent international transactions through blockchain technology. The move positions Portugal as a pioneer in integrating traditional banking with the digital economy under strict legal requirements.
The issuance fully complies with the EU MiCA regulations to ensure market security and protect users. Bison Bank CEO António Henriques stated that the product is a stable bridge to the financial future.
"“We combine the reliability of traditional banking with digital-asset innovation supported by global security and transparency,” he said.
Unlike speculative crypto assets, the token is backed 1:1 by real-currency reserves under banking supervision. Its primary target is global institutional partners who need regulatory certainty for digital payments. With this launch, Bison Bank reinforces its position as a leader in financial innovation in Europe, ready to operate within the on-chain ecosystem