Dutch Banking Giant ING to Develop Stablecoin with Other TradFi and Crypto Firms

Odaily News Europe's MiCA system opens the door for banks to issue regulated stablecoins within the 27-member trading bloc. Dutch banking giant ING plans to develop stablecoins with other TradFi and cryptocurrency companies. Two people familiar with the matter said ING's stablecoin project may take the form of an alliance involving other banks and crypto service providers. (CoinDesk)