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CoinOtag 2025-12-02 22:28:24

European Banks Plan Regulated Euro Stablecoin by 2026 to Bolster On-Chain Payments

The Qivalis consortium, involving major European banks like BNP Paribas, ING, and UniCredit, is developing a regulated euro stablecoin for launch in 2026 under the EU's MiCA framework. This initiative aims to enable secure, on-chain payments and bridge the gap in euro-denominated digital assets, addressing the dominance of U.S. dollar stablecoins. Qivalis, a Dutch-based entity, [...]

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