eurostablecoins.xyz
Reference · upcoming

Upcoming euro stablecoins

Euro-denominated stablecoins that have been announced, are in development, or are live but not yet independently trackable on-chain. Organized by EU regulatory readiness. Every entry carries a source and a verification-confidence label.
Projects tracked
6
announced or in development
Authorization in progress
3
ESMA-listed or under named-authority review
Our stance
No forecasts
we list sourced projects; we do not predict launch or endorse
How we track upcoming coins. We list only euro-denominated projects with a named issuer and at least one public source. Entries are grouped by how far along EU authorization is — not by marketing stage — because under MiCA, authorization is what determines whether a euro stablecoin can actually reach the EEA market. The confidence label reflects how firmly a project's existence and euro product are established today; it is not a prediction of launch or success. We do not publish launch-date forecasts. When a project goes live and is verifiable on-chain, it graduates to the main tracker.

Authorization in progress· 1

Publicly committed; a named EU authority is reviewing.
Qivalis EURQivalis (European bank consortium)
Netherlands (EU)confidence · High
Amsterdam-based JV named December 2025; consortium reported at ~12 banks / 37 institutions (incl. ING, UniCredit, KBC, Danske, DekaBank, SEB, CaixaBank, RBI, Banca Sella; BNP Paribas joined 2025-12-01).
Qivalis is a joint venture of a European banking consortium formed to issue a MiCAR euro EMT. The entity was named in December 2025; named leadership (subject to regulatory approval) includes CEO Jan-Oliver Sell, CFO Floris Lugt and Supervisory Board Chair Sir Howard Davies. BNP Paribas joined on 2025-12-01; later reporting puts membership at ~12 banks / 37 institutions. The token (name, ticker, chains) is not yet public and the DNB EMI application is in progress.
Regulatory status
DNB EMI application in progress.
Issuer-stated timing
Issuer-stated target: H2 2026 (subject to authorization).
High confidence the project exists; authorization, token identity and launch unconfirmed.

Authorized issuer · product pending· 2

Issuer is ESMA-listed or licensed; a euro product is being prepared but is not yet live on-chain.
EURODT (StaBillon)StaBillon sp. z o.o.
Poland (EU)confidence · Medium
Polish EMI (licence KIPE1/2019); MiCA EMT white paper names the token EURO-DT / EURODT.
StaBillon's euro EMT is named EURO-DT (EURODT) in its MiCA white paper, with a limited-market pilot from 30 October 2025. It runs on the Billon Unified DLT with stated Ethereum interoperability. The issuer states discussions with venues; no confirmed live public listing or on-chain identifier was independently verified. Classified as a pilot.
Regulatory status
Polish EMI (KIPE1/2019) / MiCA EMT white paper; limited-market pilot.
Issuer-stated timing
Limited-market pilot from 2025-10-30; no confirmed public listing.
Issuer, white paper and named product (EURODT) + pilot confirmed; live public deployment unverified.
EUR€ (Eurodollar)Eurodollar ApS
Denmark (EU)confidence · Medium
Danish EMI; MiCAR EMT-authorized (17 Feb 2025); ESMA-listed EMT issuer. LEI 8945001XWFMRUTCAK575. Named euro product is EUR€.
Eurodollar ApS is a MiCAR-authorized EMT issuer (Danish FSA; ESMA-listed); its named euro product is EUR€ (white-label, ticker appears as EURE/EURY on a partner basis; Ethereum, ERC-20 + ERC-4626). The official white paper (rev. 2026-02-11) states verbatim that the protocol has not launched and EUR€ has not been issued; all reserve/issuance reports are future-dated. No public on-chain deployment/identifier exists, so supply is not tracked.
Regulatory status
Danish FSA EMI / MiCAR EMT-authorized; ESMA register. Token not yet issued.
Issuer-stated timing
White paper (rev. 2026-02-11) states EUR€ has not been issued; reserve/issuance reports future-dated.
Authorized issuer and named product; token explicitly not yet issued.

Announced· 3

Publicly announced by a named issuer; no regulatory filing or live contract independently verified.
EUR.BANKBancomat S.p.A. + nine Italian banks
Italy (EU)confidence · Medium
Nine founding banks named June 2026: Intesa Sanpaolo, MPS, Banco BPM, BPER, Banca Generali, Banca Sella, Credem, Cassa Centrale, Crédit Agricole Italia. ABI (Italian Banking Association) support.
Bancomat S.p.A., with nine named Italian banks and ABI support, is running an internal-only technical pilot of a euro stablecoin (EUR.BANK). The nine founding banks were named in June 2026. There is no customer access and no published, independently verified white paper; the design reportedly keeps deposits at the originating bank.
Regulatory status
Pre-authorization; internal-only technical pilot. No MiCA white paper independently verified.
Issuer-stated timing
Internal testing from ~mid-2026; commercial launch only after authorization (late 2026 earliest per reporting).
Named issuer, named partners and a pilot confirmed; token identity and launch unverified.
EURXMxMoney
EU (issuer EU-based)confidence · Medium
Payments/wallet company (formerly Utrust/MultiversX-linked).
xMoney lists a euro stablecoin (EURXM) on its product roadmap. A live, verifiable on-chain contract had not been confirmed at our last review.
Regulatory status
Announced on the issuer roadmap; live contract not verified.
Issuer-stated timing
Issuer-stated roadmap: 2026.
Sources: xmoney.com
On the issuer roadmap; on-chain presence unverified.
MONEI EURMMONEI
Spain (EU)confidence · Medium
Spanish payment institution (MONEI DIGITAL PAYMENTS SL; Banco de España payment-institution licence 6911). Distinct from Mento's EURm (Celo), which is already tracked.
MONEI piloted a euro e-money token (EURM) in the Bank of Spain regulatory sandbox (completed Nov 2024) and now invites 'early testers'. MONEI is a payment institution (not an EMI/EMT issuer) and states it must still obtain an EMI licence or partner to launch; there is no authorized issuer status and no verifiable on-chain token (planned Ethereum/Polygon ERC-20). Distinct from the Mento EURm on Celo already covered on the site.
Regulatory status
Completed the Bank of Spain regulatory sandbox (Nov 2024); still requires an EMI licence to launch. Not on the ESMA EMT register.
Issuer-stated timing
Early-tester phase (wallet.eurm.org); no general-availability date.
Sandbox/pilot confirmed; not authorized and not live on-chain.
Last reviewed 2026-07-30. This list is necessarily incomplete — issuers announce on their own timelines and many EMT register entries carry no public product yet. Spotted a sourced euro project we're missing? The register we work from is the ESMA EMT issuer register.