Cronos Aims to Lead Real-World Assets by 2025-2026 as Nine Banks Launch MiCA-Compliant Euro Stablecoin
Cronos, a blockchain platform, has set its sights on becoming the go-to choice for Real-World Assets (RWAs) by 2025-2026. This ambitious goal comes as nine leading European banks join forces to develop an euro-backed stablecoin compatible with the Markets in Crypto-Assets (MiCA) regulation, slated for release in mid-2026.
Cronos' plans align with the upcoming MiCA regulations, which demand strict compliance from stablecoins, including full reserve coverage starting in 2024. The nine banks involved in the stablecoin project are DekaBank, UniCredit, Banca Sella, ING, CaixaBank, KBC, SEB, Danske Bank, and Raiffeisen Bank International, representing several European countries.
Meanwhile, Cronos' Plasma blockchain has seen significant growth. Between September 23 and October 1, 2025, Plasma received an initial boost, with inflows peaking at $3.5 billion on September 25. Since then, inflows have stabilized around $1-2.5 million daily, while outflows hover around $1 million, bringing net flows close to zero. Since its creation, Plasma has attracted $7.86 billion in net inflows. As a DeFi protocol, Plasma deploys deposits on platforms like Aave and Veda.
To accelerate the institutional adoption of RWAs, Cronos has partnered with Amazon Web Services (AWS). This collaboration offers blockchain startups scalable cloud services and up to 100,000 AWS credits for developing robust tokenized financial applications.
Cronos' strategic vision and partnerships, such as the one with AWS, position it well to achieve its goal of becoming the preferred blockchain platform for RWAs by 2025-2026. The development of the MiCA-compliant euro stablecoin by leading European banks further supports Cronos' ambitions, as it aligns with the platform's commitment to regulatory compliance.
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