France’s Finance Minister Backs Euro Stablecoin and Tokenized Deposits

France’s finance minister Roland Lescure called for more euro-denominated stablecoins and urged European Union banks to speed up tokenized deposit efforts. According to CoinDesk, he also backed the 12-bank Qivalis alliance, which plans to launch a euro stablecoin in the second half of 2026. His comments support Europe’s push to keep digital payment infrastructure anchored to the euro rather than the dollar, reinforcing a more supportive stance toward both euro stablecoins and tokenized bank deposits.

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