The French finance minister's recent remarks seem to promote the euro stablecoin on the surface, but in reality, they are issuing tokenization licenses to EU banks. Old players like BNP and ING are entering the market, and the stablecoin race is about to change.

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MeNews
France's Finance Minister Calls for Europe to Develop Euro Stablecoins and Support Bank Union Plans
ME News, April 17 (UTC+8): French Finance Minister Roland Lescure said that Europe needs more euro-denominated stablecoins and encouraged EU banks to explore tokenized deposits. Lescure also supports those, including BBVA, ING, UniCredit, and BNP.
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