European banks are promoting the euro stablecoin, aiming to launch it in the second half of 2026
2025-12-02 22:25:52
Qivalis, a new company formed by 10 European banks including BNP Paribas, ING and UniCredit, plans to launch a euro-pegged stablecoin in the second half of 2026 to counter digital payments dominated by the US dollar. Qivalis is headquartered in Amsterdam and is led by Jan-Oliver Sell, former chief executive of Coinbase Germany, and Howard Davies, former chairperson of NatWest.
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