11:18 AM EDT, 05/29/2025 (MT Newswires) -- Banco Santander (SAN) is considering to start offering retail crypto services to customers of its digital bank and has applied for a license, Bloomberg reported Thursday, citing people close to the matter.

The Spanish bank is also considering offering euro and dollar-denominated stablecoins. However, the plans regarding stablecoin are in early stages, one of the people said.

The lender is weighing options whether to introduce its own stablecoin or offer an already existing one to its customers, the people also said.

Banco Santander didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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