France's finance minister calls for more euro stablecoins in sign of government policy shift

What Happened

French Finance Minister Roland Lescure announced Friday that Europe needs more euro-issued stablecoins and encouraged EU banks to explore tokenized deposits. The statement signals a policy shift from the previous government's strict stance. Lescure supports Qivalis, a 12-bank consortium launching a euro-pegged stablecoin mid-2026, aiming to counter US digital payment dominance.

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