Bison Bank Launches MiCA-Compliant Stablecoin

Bison Bank, a Portuguese bank owned by Hong Kong-based Bison Capital, announced the launch of its own MiCA-compliant stablecoin for institutional cross-border payments. The digital asset will be issued in two versions: EUB, pegged to the euro, and USB, pegged to the US dollar.

The project is built under the European Union’s MiCA framework, which regulates crypto-assets and stablecoins across the region. The bank says the tokens are fully backed 1:1 by fiat reserves and issued by a regulated EU credit institution supervised by the European Central Bank.

Bison Bank describes electronic money tokens as blockchain-based versions of traditional cash. Unlike volatile cryptocurrencies, they are designed to maintain a stable value and function mainly as a payment instrument for transfers and settlements.

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