Banks Challenge Tether's Stablecoin Supremacy With G7-Backed Coins

Generated by AI AgentCoin World
Saturday, Oct 11, 2025 2:13 am ET1min read
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Aime RobotAime Summary

- European banks launch euro-backed stablecoin to challenge USD dominance, part of G7-backed pilot program.

- Major banks globally accelerate stablecoin projects using G7 currencies, threatening Tether's 65% market share.

- Bank-issued stablecoins leverage regulatory advantages and reserve currency status to reshape crypto market dynamics.

- Tether faces growing competition as traditional financial institutions expand stablecoin offerings backed by central bank frameworks.

Source: [1] Complete List of Bank-Issued Stablecoins in 2025 (https://www.stablecoininsider.com/banks-launching-stablecoins/) [2] Banks Join Crypto : Stablecoin Pilot Backed By G7 Currencies (https://www.mexc.com/en-PH/news/banks-join-crypto-stablecoin-pilot-backed-by-g7-currencies/126009) [3] Top 10 Banks Racing To Launch Stablecoins After the ... (https://www.ccn.com/news/crypto/top-banks-racing-stablecoins-genius-act/) [4] Nine European Banks Launch Euro Stablecoin vs USD - Coinpedia (https://coinpedia.org/news/nine-european-banks-launch-euro-backed-stablecoin-to-challenge-us-dollar-dominance/) [5] European banks seize on region's nascent stablecoin market with ... (https://www.cnbc.com/2025/09/25/european-banks-seize-on-regions-nascent-stablecoin-market-with-new-launch.html?msockid=0c136cf1b0ef62342ea17a73b17e6384) [6] TetherUSDT-- Crushes the Stablecoin Scene with an Unrivaled 65% Grip (https://www.onesafe.io/blog/tether-dominates-stablecoin-market-share) [7] Tether and Circle Under Threat as Major Banks Plot G7 Currencies ... (https://cointab.com/tether-circle-threat-banks-g7-currencies-stablecoin/) [8] Tether still dominates stablecoins despite competition ... (https://cointelegraph.com/news/tether-still-dominant-despite-competition-nansen) [9] Tether Crushes the Stablecoin Scene with an Unrivaled 65% Grip (https://www.onesafe.io/blog/tether-dominates-stablecoin-market-share) [10] Tether and Circle Under Threat as Major Banks Plot G7 Currencies ... (https://cointab.com/tether-circle-threat-banks-g7-currencies-stablecoin/)

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