qivalis

🔥 HOT NEWS: Europe gearing up for a "banking response" to dollar stablecoins.

Qivalis (a European banking initiative) announced its expansion to 37 institutions across 15 countries, with names mentioned in the coverage like ABN AMRO, Rabobank, and Intesa Sanpaolo. (cointelegraph.com)

The plan: to launch a euro stablecoin compliant with MiCA/MiCAR in the second half of 2026 (pending approvals). (cointelegraph.com)

Infra: Qivalis has chosen Fireblocks for tokenization, wallets, and custody / asset lifecycle management. (prnewswire.com)

And the backdrop is political: Christine Lagarde (ECB) herself has been skeptical of stablecoins as tools to strengthen the euro's global role — advocating for more infrastructure anchored in central bank money/tokenization. (ecb.europa.eu)

This is no longer "crypto narrative." It's monetary competition in the digital layer.
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