Several European banks advance euro stablecoin, targeting launch in the second half of 2026
According to ChainCatcher, ten European banks, including BNP Paribas, ING, and UniCredit, have formed a new company called Qivalis, planning to launch a euro-pegged stablecoin in the second half of 2026 to counter the US dollar-dominated digital payments.
Qivalis is headquartered in Amsterdam, with former CEO of a German exchange's operations, Jan-Oliver Sell, serving as CEO, and former NatWest chairman Howard Davies as chairman of the board.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An exchange's investment in stablecoin bank Kontigo triggers Terra-style panic
LayerZero: Third fee switch vote to be launched on December 20
Bitget Wallet upgrades its Earn Center, integrating multiple on-chain incentives and task portals
Trump to Deliver National Address, Polymarket Bets 89% Probability He Mentions「Venezuela」
Trending news
MoreCrypto prices
More
