On September 25, 2025, 9 European banks fashioned a consortium to develop a euro-backed stablecoin, set to launch within the second half of 2026. The consortium has created a brand new Netherlands-based firm to problem the token.
The aim is to problem greenback dominance in stablecoins. The present stablecoin market is sort of fully dominated by the US greenback by way of $USDT ($173B market cap) and $USDC ($74B). Thus, most international crypto and digital funds depend on USD relatively than EUR.
One other potential motive could possibly be Europe’s intention to realize strategic autonomy. Europe stepping in with its personal stablecoin is seen as an effort to create an alternative choice to $USDT and $USDC, whereas additionally regaining management over digital funds and settlements.
As Europe takes a daring step in the direction of launching its personal stablecoin, traders’ curiosity in crypto tasks and utility-driven tokens with actual momentum is rising.
One standout is Greatest Pockets Token ($BEST), a token backing a mobile-first crypto pockets. It’s at the moment in presale, having raised over $16.1M to this point.
Europe’s Huge Push for Regulated Euro Stablecoins and Digital Sovereignty
With the EU’s MiCA regulation providing a transparent framework for stablecoin issuance, Europe has a safer backdrop to launch euro-backed stablecoins. This context already makes for an optimistic outlook.
In mild of the information, a number of European leaders and officers additionally voiced their optimistic opinions on a Euro stablecoin:
- Floris Lugt, ING’s digital belongings lead, famous that stablecoins can velocity up cross-border funds and cross-currency settlements.
- A current ING press launch protecting Lugt’s assertion went on to additional clarify how stablecoins can automate enterprise transactions and enhance provide chain funds.
- Equally, ECB Governing Council member Joachim Nagel known as the digital euro an important milestone for EU monetary sovereignty.
- Francois Villeroy de Galhau, Governor of the Financial institution of France, warned that if Europe falls behind the US stablecoin’s development, the continent dangers being dominated by personal, dollar-backed stablecoins sooner or later.
The EU’s daring new transfer is welcomed by retail and institutional traders worldwide contemplating the potential development of the stablecoin market, with analysts estimating stablecoins doubtlessly dealing with $100T–$200T in annual funds by 2030.
Its pockets app already powers onramping, safe storage, transfers, and swaps for stablecoins and different tokens throughout high blockchains.
Greatest Pockets Token ($BEST) – Utility Crypto with a Safe, Multi-Chain Pockets and DeFi Options
Greatest Pockets Token ($BEST) is the native token of Greatest Pockets, a top-notch multi-chain asset storage providing seamless entry to crypto onramping, DeFi platforms, and built-in decentralized swaps.
Inside this ecosystem, $BEST supplies unique holder advantages, together with:
- Governance rights,
- Diminished buying and selling charges,
- Increased staking rewards within the upcoming staking aggregator,
- Entry to vetted Stage Zero presales within the app’s launchpad.
Study extra about Greatest Pockets Token with our information.
Then, now we have Greatest Pockets, which is on a mission to seize 40% of the crypto pockets market by the tip of 2026. As with every scaling crypto storage ecosystem, Greatest Pockets has constructed its personal token to maintain customers engaged, fund development, and construct group possession.
The Greatest Pockets ecosystem itself stands out as a extremely promising platform because of its complete roadmap.
It consists of upcoming options such because the staking aggregator we talked about, plus a crypto debit card, built-in market analytics, and derivatives buying and selling. By the tip of stage 4, this app will probably be an all-in-one crypto resolution for retail merchants.
Backed by this imaginative and prescient, the $BEST token supplies traders with direct publicity to the ecosystem’s development.
For early traders, it provides the added benefit of securing tokens at a cheaper price, positioning them to profit most because the Greatest Pockets expands into multi-chain finance.
$BEST Token Presale Is Booming, Attracting Whale Consumers
$BEST’s presale has gained sturdy momentum, already elevating $16.1M. Whales are actually circling in, staking their baggage with $BEST value $70.2K and $50.9K, a transparent reflection of the undertaking’s sturdy upside potential.
With the token at the moment priced at $0.025695 and our $BEST worth prediction forecasting 98% development in 2026, this might make an excellent long-term play for traders who search to diversify.
If our knowledgeable $BEST predictions come to fruition, a $500 funding in $BEST right this moment might develop to round $685 by the tip of 2025 (at $0.035215) and almost $994 by 2026 (at $0.05106175) in worth appreciation.
New adopters may also lock in dynamic staking rewards (at the moment 82% APY). However rewards will naturally taper as extra contributors be part of, making the earliest traders the largest winners.
With staking at 82% APY and contemplating essentially the most bullish forecasts, your $500 funding right this moment might swell to roughly ~$1,808 after one yr ($814.76 of that coming from staking rewards alone). That is assuming the APY and prediction maintain.
With the following presale worth rise set for tomorrow, now could be the prospect to safe $BEST at lower-tier costs.
This isn’t monetary recommendation. At all times do your individual analysis earlier than investing in crypto, because the market is very risky.
Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/information/9-european-banks-stablecoin-consortium-fight-dollar-dominance/
