
Openbank, the digital bank owned by Santander, launched cryptocurrency trading for Spanish customers on November 11, 2025, moving into direct competition with BBVA's crypto offering. The move signals growing mainstream bank adoption of digital-asset services in Spain.

Santander is reportedly planning to launch its own stablecoin, marking its entry into the expanding world of digital assets leveraged by banks globally. This move highlights the increasing adoption of blockchain technology in traditional finance sectors.