european banking

Ethereum News

BBVA and EU banks launch a regulated euro stablecoin under MiCA rules to compete with the US dollar.
Ethereum News

Euro Stablecoin: BBVA Joins EU Banking Push Under New MiCA Rules

February 5, 2026 j n

Madrid, Spain – May 2025: In a significant move for European finance, Spanish banking giant BBVA has officially joined the Qivalis consortium. This alliance of major EU banks is spearheading the development of a regulated euro-denominated stablecoin. The initiative, operating under the European Union’s newly enacted Markets in Crypto-Assets (MiCA) framework, represents a concerted institutional […]

Qivalis euro stablecoin blockchain technology European banking consortium digital payments
Blockchain News

Qivalis Stablecoin: European Banks’ Bold Move to Challenge Dollar Dominance by 2026

January 26, 2026 j n

Amsterdam, January 2026: A consortium of ten major European banking institutions has announced the development of Qivalis, a euro-backed stablecoin scheduled for launch in late 2026. This ambitious project represents the most significant coordinated effort by traditional European banks to establish a credible digital currency alternative to dollar-dominated stablecoins like Tether and USDC. The initiative […]