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@ tzongocu
2025-05-30 00:30:47
📰 News Alert...
🔖 Title: Banco Santander Explores Fiat-backed Stablecoin for Retail Clients
🗓️ Published: 2025-05-29T10:00:00-04:00
📄 Summary: In a bold move to enhance its digital asset strategy, Banco Santander is investigating the potential launch of a fiat-backed stablecoin, targeting retail clients. Recent reports indicate that this initiative is in its early stages and could encompass both US dollar and euro-pegged tokens. This expansion signifies Santander's commitment to adapting to the evolving landscape of cryptocurrency and broadening its offerings in the fintech sector.
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https://cryptoslate.com/banco-santander-eyeing-crypto-expansion-with-fiat-backed-stablecoin/
🗞️ Source: Bloomberg News
💓 #BankingInnovation #Stablecoin #CryptoExpansion