歐元穩定攤牌：歐洲銀行與雲母法規

歐洲銀行正準備推出歐元穩定的股票，挑戰了美國的統治地位，並駕駛歐盟的雲母法規。它會重塑數字融資格局嗎？

Europe's financial landscape is bracing for a shakeup! Major European banks are banding together to launch a euro-denominated stablecoin, aiming to rival U.S.-backed digital currencies and establish European payment sovereignty under the watchful eye of the EU's Markets in Crypto Assets (MiCA) regulation.

歐洲的金融景觀正在努力改組！主要的歐洲銀行正在團結起來，以歐洲支持的數字貨幣與歐洲支持的數字貨幣競爭並建立歐洲支付的主權，並在歐盟市場對加密貨幣資產（MICA）監管的監視下建立歐洲支付主權。

The Euro Stablecoin: A European Gambit

歐元穩定：歐洲賭博

Nine heavy hitters – ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, and Raiffeisen Bank International – are joining forces to create a new company in the Netherlands. This entity will seek licensing and supervision from the Dutch Central Bank, operating as an e-money institution. The goal? To launch their euro stablecoin in the second half of 2026. This initiative aims to provide a real European alternative to the U.S.-dominated stablecoin market, contributing to Europe’s strategic autonomy in payments.

9個重型擊球手 - ING，Banca Sella，KBC，Danske Bank，Dekabank，Unicredit，Seb，Caixabank和Raiffeisen Bank International-聯合起來在荷蘭創建一家新公司。該實體將從荷蘭中央銀行尋求許可和監督，作為電子貨幣機構運營。目標？為了在2026年下半年推出他們的歐元穩定幣。該計劃旨在為以美國為主的Stablecoin市場提供真正的歐洲替代方案，從而有助於歐洲的付款戰略自治權。

Why a Euro Stablecoin?

為什麼要歐元穩定？

The banks envision near-instant, low-cost transactions available 24/7. Built on blockchain, the stablecoin will support programmable payments, streamline cross-border settlements, and enhance supply chain and digital asset management. As Floris Lugt, ING’s digital assets lead, puts it, "Digital payments are key for new euro-denominated financial infrastructure. Blockchain allows efficiency, transparency, and instant settlement across currencies."

銀行設想24/7全天候可提供近乎近代的低成本交易。 Stablecoin建立在區塊鏈的基礎上，將支持可編程付款，簡化跨境和解以及增強供應鍊和數字資產管理。正如ING的數字資產負責人Floris Lugt所說：“數字付款是新的以歐元為基礎的金融基礎設施的關鍵。區塊鏈允許貨幣之間的效率，透明度和即時解決。”

MiCA's Role: Setting the Rules of the Game

雲母的角色：設定遊戲規則

The euro-pegged stablecoin will be Markets in Crypto-Assets Regulation–compliant, offering a trusted digital payment instrument built on blockchain technology. MiCA, fully enforceable since December 2024, establishes comprehensive regulations for crypto-asset service providers across the EU. The framework aims to provide legal clarity and consumer safety, but its implementation hasn't been without its critics.

Euro-Peggged Stablecoin將是Crypto-Assets法規的市場，並提供一種基於區塊鏈技術的值得信賴的數字支付工具。雲母自2024年12月以來完全可以執行，為整個歐盟的加密資產服務提供商制定了全面的法規。該框架旨在提供法律清晰度和消費者安全，但沒有批評者的實施。

Challenges and Criticisms

挑戰和批評

While the initiative is gaining momentum, not everyone's thrilled. Tether CEO Paolo Ardoino has openly criticized Europe’s digital currency ambitions and the ECB’s Digital Euro project. Ardoino's sarcasm underscores the rivalry between private stablecoins and central bank digital currencies. He's also been vocal about Tether's resistance to MiCA, citing concerns that the regulations may create more risks than benefits for consumers and issuers.

雖然該倡議正在獲得動力，但並非每個人都很興奮。繫繩首席執行官保羅·阿多利諾（Paolo Ardoino）公開批評歐洲的數字貨幣野心和歐洲央行的數字歐元項目。 Ardoino的諷刺強調了私人穩定幣與中央銀行數字貨幣之間的競爭。他還對Tether對MICA的抵抗力表示敬意，理由是該法規可能會造成比消費者和發行人更多的福利風險。

The Road Ahead

前面的道路

The consortium is open to more banks joining, and a CEO will be appointed soon, pending regulatory approval. Individual banks will be allowed to offer value-added services like stablecoin wallets and custody. The big question is whether this euro stablecoin can truly challenge the dominance of USD-pegged stablecoins and reshape the European financial landscape.

該財團向更多的銀行加入開放，首席執行官將很快任命，待批准。單個銀行將被允許提供增值服務，例如Stablecoin錢包和監護權。最大的問題是，這種歐元穩定的人是否能夠真正挑戰美元固定穩定的穩定劑並重塑歐洲金融景觀的統治地位。

A Glimpse into the Future

瞥見未來

The launch of a euro stablecoin by major European banks is a bold move, signaling a shift in the digital finance landscape. Whether it becomes a game-changer depends on navigating the regulatory hurdles and overcoming criticisms. One thing's for sure: the race for digital currency dominance is heating up!

歐洲主要銀行推出歐元穩定的是一個大膽的舉動，這表明數字金融景觀發生了變化。它是否變成遊戲規則，取決於駕駛監管障礙和克服批評。可以肯定的是：數字貨幣主導地位的種族正在加熱！

So, keep your eyes peeled. The next few years could be wild! Who knows, maybe we'll all be paying for our morning coffee with euro stablecoins before we know it. Cheers to that!

因此，請保持眼睛剝落。接下來的幾年可能是瘋狂的！誰知道，也許我們所有人都在與Euro Stablecoins一起付費，然後才知道。歡呼！