🇪🇺 10 banks launch Qivalis: a euro stablecoin expected for 2026. Europe in the battle of Web3.
Be Boo
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🇪🇺 A group of 10 European banks, including ING, UniCredit, and BNP Paribas, has created a new company, Qivalis, to launch a stablecoin in euros by 2026.
The Amsterdam-based company plans to start its operations in the second half of 2026.
The former chairman of NatWest, Howard Davies, will be the chairman of Qivalis.
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