Several European banks are advancing stablecoin plans, covering the Euro and Swiss Franc

Societe Generale has applied stablecoins to cross-border payments, on chain settlements, and other fields, while Oddo BHF has launched a Euro stablecoin that complies with MiCA standards. A consortium consisting of Dutch International Group, Italian Credit Union Bank, and BNP Paribas plans to launch a Swiss franc stablecoin in the second half of 2026.