Several banks in Europe are promoting the euro stablecoin, aiming for a launch in the second half of 2026

2025-12-03 07:11:07

Collection

Ten European banks, including BNP Paribas, ING, and UniCredit, have formed a new company called Qivalis, which plans to launch a euro-pegged stablecoin in the second half of 2026 to counter the dollar-dominated digital payments.

Qivalis is headquartered in Amsterdam, with former Coinbase Germany CEO Jan-Oliver Sell as CEO and former NatWest chairman Howard Davies as chairman.

Source

Risk warning

Related tags

Qivalis stablecoin digital payment

2026-06-30 07:57

Circle: USDC becomes the first supported stablecoin on the BNY digital asset custody platform

2026-06-29 20:38

MiCA is about to come into full effect, WasabiCard strengthens its global compliance layout, empowering enterprises for a new era of stablecoin payments

2026-06-29 18:00

The Bank of Thailand is advancing the Thai baht stablecoin plan and is expected to seek public opinion before the end of the year

2026-06-29 17:49

Related tags