[European Stablecoin Alliance Appoints Former Coinbase Executive as CEO] BlockBeats News, December 2, according to Reuters, the European Stablecoin Alliance has appointed Jan-Oliver Sell, who previously worked at Coinbase Germany, as Chief Executive Officer. Floris Lugt, Head of Digital Assets at ING, will serve as Chief Financial Officer, and former Chairman of the UK’s National Westminster Bank, Howard Davies, will take on the role of Chairman. Additionally, BNP Paribas has also joined the alliance. Earlier reports indicated that in September of this year, nine major European banks, including ING, Banca Sella, and KBC, announced the joint launch of a euro stablecoin project regulated under MiCA, aiming to counter the dominance of the United States in the digital payments sector.