This week, crypto has seen a rollercoaster. Price fluctuations, global changes, and powerful regulatory moves. Nine major European banks – including ING, UniCredit, CaixaBank and Danske – are teaming up to launch a euro-denominated stablecoin under Europe’s MiCAR framework. A new consortium based in the Netherlands will seek approval from the Dutch Central Bank, with the launch set for late 2026. The stablecoin aims to power 24/7 cross-border payments, programmable finance and digital asset settlements.