A group of nine European banks, including ING and UniCredit, announced on Sept. 25 that they plan to launch a euro-denominated stablecoin as part of an effort to strengthen Europe’s position in digital payments and settlement.
The announcement has prompted renewed discussion among some market commentators about a range of crypto-related projects, including BlockDAG. Any forward-looking price commentary should be treated as speculative and uncertain.
Separately, some online discussions have highlighted token-sale projects such as DeepSnitch AI. Details about fundraising totals, timelines, and features generally come from project materials and may change.
One project mentioned in this context is DeepSnitch AI, which describes itself as an AI-focused token project and has advertised an early-stage token sale.
Why have European banks announced their own stablecoin?
According to media reports, a group of American firms has prepared to launch a dollar-backed stablecoin following new U.S. legislation that clarified parts of the regulatory framework for stablecoins.
Stablecoins have become widely used by crypto market participants to move funds between more volatile assets, and they are also used in some digital payment and cross-border transfer contexts.
A recent Citi report indicated that global stablecoin issuance could reach $1.9 trillion by 2040, with a higher-end scenario at $4 trillion.
The group of European banks formed a Dutch-based company that plans to launch a euro-based stablecoin in the second half of 2026.
Banca Sella, KBC, Danske Bank, Dekabank, SEB, CaixaBank, and Raiffeisen are the other banks participating in the initiative. The banks also said other financial institutions could join in the future.
The banks’ initiative comes amid broader policy debate in Europe about private stablecoins and central bank digital currencies. The European Central Bank has previously expressed concerns about stablecoins, including potential implications for monetary policy and financial stability.
The announcement has also been cited by some crypto market commentators as another indicator of institutional interest in blockchain-based payment rails. References to specific tokens in this context are largely commentary and do not establish future performance.
BlockDAG and other tokens discussed in market commentary
DeepSnitch AI (DSNT)
DeepSnitch AI is described by its promoters as an early-stage token project focused on AI tools. According to project materials, it aims to provide multiple AI “agents” intended to help users surface and organize market information.
More broadly, interest in AI-related crypto projects has been influenced by wider trends in the AI sector. UNCTAD’s Technology and Innovation Report 2025 discusses the growth of AI-related markets, while a Kraken-published survey summarizes sentiment among some crypto holders. These sources do not predict the performance of any specific token.
Claims about fundraising totals, “stages,” or future listings for any token-sale project should be treated cautiously, as they are often marketing statements and may not be independently verified.
BlockDAG (BDAG)
BlockDAG has been discussed online in connection with a token sale and with speculative forecasts about potential future prices. Such forecasts are not guarantees and can be influenced by assumptions that may not hold, including adoption, technical delivery, liquidity, and regulatory conditions.
Some third-party articles publish price targets for BDAG; for example, this analysis presents a range of scenarios. Readers should treat such projections as speculative commentary rather than reliable expectations.
Like other early-stage crypto projects, BlockDAG may face execution, security, market, and regulatory risks that could affect outcomes.
BullZilla ($BZIL)
BullZilla is described as a meme-coin project running an early-stage token sale. Project materials and third-party coverage have referenced mechanisms such as staged pricing, token burns, and referral-style marketing incentives.
Third-party articles have also published speculative launch-price scenarios; for example, this article discusses potential outcomes. Such scenarios are not guarantees and may not reflect actual market conditions.
Conclusion
European banks’ stablecoin plans highlight continued experimentation with tokenized money and payment infrastructure. Separately, online commentary continues to circulate around a number of crypto token-sale projects, including DeepSnitch AI, BlockDAG, and BullZilla.
Token-sale participation and trading in cryptoassets can involve significant risks, including loss of principal, low liquidity, smart-contract vulnerabilities, and rapidly changing regulatory environments.
For reference, the DeepSnitch AI project website is available here: DeepSnitch AI.
This article references token-sale projects and cryptoassets. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
