ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala
Ten European banks, including CaixaBank and BNP Paribas, join forces to launch Qivalis—a euro stablecoin projected for 2026.Ten European banks, including CaixaBank and BNP Paribas, join forces to launch Qivalis—a euro stablecoin projected for 2026.

European Banks Form Qivalis for Euro Stablecoin Launch

Author: coinlineupSource: coinlineup
2025/12/04 08:45
FORM
FORM$0.2573-13.74%
TEN Protocol
TEN$0.009576-1.60%
European Banks Form Qivalis for Euro Stablecoin Launch
Key Points:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Qivalis aims for stablecoin debut in 2026.
  • Backed by observed institutional consolidation in the sector.

Qivalis, a forthcoming euro stablecoin, is spearheaded by a consortium of 10 major European banks including CaixaBank and BNP Paribas, launching by 2026 under the Dutch Central Bank’s supervision. Institutional backing suggests robust resources without disclosed financial specifics.

Ten major European banks, such as CaixaBank and BNP Paribas, have established Qivalis in Amsterdam to develop a euro stablecoin expected by 2026 under Dutch Central Bank oversight.

A group of ten prominent European banks have formed a Dutch-based firm, Qivalis, to launch a euro-pegged stablecoin. This initiative aims to enhance digital payment efficiency in Europe by 2026. Major institutions like CaixaBank and BNP Paribas are steering the project, indicating robust financial support.

The consortium’s stablecoin development follows a broader trend of institutional entry into blockchain technology. This aligns with efforts by financial giants to optimize digital currency systems, as seen previously with projects like JPM Coin.

The successful introduction of this stablecoin could significantly affect euro digital payments, influencing existing stablecoin markets. The digital asset could streamline transactions, benefiting sectors relying on fiat currency digital counterparts.

Given its regulatory backing by the Dutch Central Bank, Qivalis signifies trust and compliance in the space. As highlighted by a CaixaBank executive, “We confirm that Qivalis will operate under the supervision of the Dutch Central Bank, ensuring compliance and trust in this innovative euro stablecoin project.” This could lead to a rise in Eurozone crypto adoption and potentially impact established stablecoins and related technological infrastructures.

Market Opportunity
FORM Logo
FORM Price(FORM)
$0.2573
$0.2573$0.2573
-4.34%
USD
FORM (FORM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Zcash (ZEC) Price Prediction: ZEC Defends $300 Support as Bullish Structures and Privacy Narrative Return to Focus

Zcash (ZEC) Price Prediction: ZEC Defends $300 Support as Bullish Structures and Privacy Narrative Return to Focus

Zcash (ZEC) is holding above the crucial $300 support zone as price consolidates near $339, with traders watching key resistance levels and a potential bullish
Share
Brave New Coin2026/02/01 02:16
The 5000x Potential: BlockDAG Enters Its Final Hours at $0.0005 Before the Presale Ends

The 5000x Potential: BlockDAG Enters Its Final Hours at $0.0005 Before the Presale Ends

BlockDAG is one of the few projects offering a structured window rather than a surprise. The presale has already raised $452 million, and only hours remain to buy
Share
Techbullion2026/02/01 02:00
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36