US EditionStablecoin News: BNP Paribas Joins EU Bank Stablecoin Venture Qivalis
37 Articles
37 Articles
The group is also joined by Bnp Paribas. The launch in 2026. The CEO Jan-Oliver Sell: "A stablecoin in euro represents monetary autonomy in the digital era"
Established by a consortium of leading European banks, Qivalis is expected to issue a Euro-Stablecoin as early as mid-2026.
CaixaBank together with nine other major European banks have publicly presented this Tuesday Qivalis, which will be the company in charge of issuing one of the first...
Group of European banks announce euro stablecoin company called qivalis
PARIS/MADRID, Dec 2 (Reuters) - A group of 10 European banks, including heavyweights ING, UniCredit and BNP Paribas, have formed a consortium to launch a euro-pegged stablecoin, in a move they hope will counter U.S. dominance in digital payments.
Ten major European banks, including BNP Paribas, are joining together in Qivalis to launch a stable euro corner in the second half of 2026, with the ambition of making it a system-wide payment infrastructure at EU level by 2027. Qivalis wants to offer businesses and individuals a way to interact on-the-chain directly in euro, within a MiCA framework supervised by the Dutch Central Bank, in order to reduce dependency on stable coins in dollars an…
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