
Key facts: UBS Group joins European banks on stablecoin project; H-shares in Sany drop to 7.85%

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UBS Group is part of a group of ten European banks exploring a stablecoin, separate from BNP Paribas and ING's plan for a euro-pegged stablecoin in 2026.1UBS Group's long position in H-shares of Sany Heavy Industry decreased to 7.85% as of November 26, 2025, down from 9.03%.2
- UBS Group is part of a group of ten European banks exploring a stablecoin, separate from BNP Paribas and ING's plan for a euro-pegged stablecoin in 2026.1
- UBS Group's long position in H-shares of Sany Heavy Industry decreased to 7.85% as of November 26, 2025, down from 9.03%.2

