Recently, the Banco Santander SA in Spain has been accelerating its expansion in the digital asset sector, planning to launch a stablecoin and offer cryptocurrency services to retail customers. According to insiders, its online banking subsidiary, Openbank, has applied for relevant licenses under the latest EU Markets in Crypto-Assets (MiCA) regulatory framework. These moves indicate that major European financial institutions are systematically entering the crypto market, promoting deep integration between traditional banking and digital asset services. In response to these changes, BROGX is upgrading its platform trading strategies and asset support layout, leveraging stablecoin market trends and evolving retail user demand to enhance the platform ability to adapt to structural changes brought by the entry of mainstream financial institutions.
Banking Sector Enters Crypto, Accelerating Stablecoin Market Expansion
Major European banks are accelerating their entry into digital assets, directly driving the expansion of the stablecoin market. As one of the largest banks by assets in Europe, the stablecoin initiative by Santander, once launched, will impact the current USD-dominated stablecoin landscape and boost the market share of euro-denominated stablecoins. In its stablecoin offerings, BROGX has already supported USD-pegged coins like USDT and USDC, and plans to further optimize support for euro-denominated stablecoins such as EURC and EUROe, enhancing trading depth and liquidity allocation.
BROGX deploys a multi-currency equivalent order matching mechanism at the stablecoin trading layer, reducing cross-currency matching slippage and meeting efficiency demands as euro stablecoin trading rises. The platform risk control system integrates stablecoin reserve verification, conducting periodic audits of pegged asset structures and on-chain issuance to ensure compliance and security of stablecoins in trading pools. As traditional banks ramp up stablecoin issuance, BROGX optimizes internal clearing paths based on cross-chain stablecoin circulation models, enabling direct swaps between multi-chain stablecoins to improve asset flow efficiency and support fast cross-platform and cross-regional stablecoin trading and settlement.
Growing Retail Crypto Demand, Trading System Scales Up
With the crypto license application of Openbank, crypto services will soon be available to a wider retail client base. The involvement of financial institutions is set to drive a new wave of retail crypto asset users, requiring higher service and security standards from trading platforms. BROGX is upgrading user account structures, refining trading permissions and risk control limits, and managing retail user asset flows by risk tier.
BROGX is expanding its high-concurrency trading engine to increase order processing speed and matching stability, optimizing interface interactions and matching feedback logic for retail trading habits. The platform is also launching small-amount matching acceleration channels and fine order matching optimization modules to boost liquidity density for micro trades, catering to the high-frequency, low-value transaction characteristics of retail users.
To accommodate large-scale retail fund inflows, BROGX introduces AI risk control tags in its risk engine, dynamically identifying risk levels based on user trading behavior and precisely adjusting risk limits and alert strategies. This ensures active retail trading while controlling systemic risk.
BROGX Enhances Trading and Risk Response Mechanisms for Mainstream Financial Institutions
The accelerated entry of mainstream financial institutions into the crypto market means platforms must have robust trading access and compliance response capabilities. BROGX has deployed a compliance trading data archiving module in its trading architecture, supporting on-chain synchronization of trading records and multi-party audit interface outputs to meet the requirements of future bank clients for data transparency and verifiable compliance.
BROGX has introduced standardized institutional access procedures, enabling rapid deployment—from account setup and fund onboarding to trading permission management—via modular interfaces, shortening the onboarding cycle for financial institutions. The platform has also launched on-chain audit nodes to support large-transaction on-chain proof generation and cross-chain asset recognition, enhancing transaction credibility and compliance visibility.
As the Santander stablecoin project advances, BROGX will continue to deepen optimization and upgrades of its trading systems and compliance structures, continuously adapting to the trading volume and user structure changes brought by accelerated entry of mainstream financial players, and providing a highly efficient, transparent, and secure digital asset trading environment for users worldwide.