Qivalis Euro Stablecoin Consortium Expands to 37 Banks
Cointelegraph
The Qivalis banking consortium has added 25 new European banks, reaching a total of 37 members ahead of its planned 2026 stablecoin launch.Summary
Qivalis, an Amsterdam-based consortium, has expanded its membership to 37 institutions across 15 countries by adding 25 new banks, including major names like ABN AMRO and Rabobank. The organization aims to launch a regulated euro-denominated stablecoin in the second half of 2026, aligning with the European Union's MiCA framework. This initiative seeks to offer a regulated alternative to US dollar-dominated stablecoins, despite skepticism from the European Central Bank regarding the role of private stablecoins in the euro's future.
(Source：Cointelegraph)