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