The euro is the second most important central bank reserve currency behind the US dollar. Yet it has lacked a Stablecoin presence commensurate with its international status: 99 per cent of Stablecoins are issued in US dollars and euros account for just 0.2 per cent of Stablecoins in circulation worldwide. 37 European banks from 15 countries have now joined forces to address that gap, supplying both the funding and the power to distribute a euro Stablecoin for use as an atomic