{"id":523514,"date":"2025-12-03T07:31:42","date_gmt":"2025-12-03T07:31:42","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1234989"},"modified":"2025-12-03T07:31:42","modified_gmt":"2025-12-03T07:31:42","slug":"european-banks-form-qivalis-to-launch-euro-stablecoin-by-2026","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/12\/03\/european-banks-form-qivalis-to-launch-euro-stablecoin-by-2026\/","title":{"rendered":"European Banks Form Qivalis to Launch Euro Stablecoin by 2026"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li data-start=\"84\" data-end=\"452\"><strong>European banks are working together to launch Qivalis, a euro-backed stablecoin by 2026, to boost Europe\u2019s control over digital payments.<\/strong><\/li>\n<li data-start=\"84\" data-end=\"452\"><strong>BTC adoption meanwhile also grows alongside Qivalis, reflecting potential synergy with the new euro stablecoin.<\/strong><\/li>\n<\/ul>\n<hr>\n<p data-start=\"84\" data-end=\"452\">Inline with our recent report that Europe has taken a leading role in cryptocurrency banking, we <a href=\"https:\/\/www.crypto-news-flash.com\/europe-dominates-crypto-banking\/\">highlighted<\/a> that 55 banks offer crypto custody, trading, and fiat conversions, surpassing Asia and North America. Currently, ten leading European banks have established Qivalis, an Amsterdam-based entity designed to issue a euro-linked stablecoin, according to Reuters.<\/p>\n<p data-start=\"454\" data-end=\"819\">European banks initiating Qivalis to secure European <a href=\"https:\/\/www.crypto-news-flash.com\/european-union-plans-privacy-token-ban-what-it-means-for-crypto-in-2027\/\">control<\/a> over digital payments and reduce dependency on U.S. dollar-based stablecoins and American payment networks. The consortium aims to launch a euro-native token that supports strategic autonomy, regulatory alignment, and bank-grade settlement capabilities. Jan-Oliver Sell, CEO of Qivalis, <a href=\"https:\/\/www.reuters.com\/business\/finance\/group-european-banks-announce-euro-stablecoin-plans-2025-12-02\/\" target=\"_blank\" rel=\"noopener\">stated<\/a> on Reuters:<\/p>\n<blockquote data-start=\"821\" data-end=\"1101\">\n<p data-start=\"823\" data-end=\"1101\">We have chosen the name Qivalis to convey trust, quality, and values, which are essential in finance and easy to pronounce across languages. We expect to launch the stablecoin at the beginning of the second half of 2026, with the licensing process taking six to nine months.<\/p>\n<\/blockquote>\n<p data-start=\"1103\" data-end=\"1458\">Based in Amsterdam, Qivalis will first integrate its stablecoin into crypto-trading venues, banking apps, and institutional payment platforms before expanding to consumer-facing services. Over time, the token could appear in retail banking tools, merchant payment systems, and fintech apps once regulatory approval and infrastructure scale are achieved.<\/p>\n<p data-start=\"1460\" data-end=\"1866\">Specifically, under Qivalis\u2019 corporate structure, ING, UniCredit, and BNP Paribas anchor the consortium. The full group also includes Banca Sella, KBC, DekaBank, Danske Bank, SEB, CaixaBank, and Raiffeisen Bank International. Qivalis is already recruiting: management said the firm intends to staff roughly 45\u201350 people over the next 18\u201324 months, with around one third of those positions already filled.<\/p>\n<h2 data-start=\"1868\" data-end=\"1928\"><strong data-start=\"1868\" data-end=\"1926\">BTC Gains Momentum Amid Qivalis Euro Stablecoin Launch<\/strong><\/h2>\n<p data-start=\"1930\" data-end=\"2316\">Qivalis represents the first large-scale euro stablecoin issued directly by Europe\u2019s major banks, providing regulatory clarity, institutional backing, and supervised reserves that private issuers cannot match. The structure of it is designed for compliance, seamless settlement, and cross-border payment interoperability, positioning it as a credible alternative to U.S. dollar stablecoins.<\/p>\n<p data-start=\"2318\" data-end=\"2610\">The consortium will launch a fully euro-backed stablecoin functioning as a digital version of the euro. While the stablecoin will operate independently, it will circulate alongside major crypto assets like Bitcoin on exchanges and may be paired with BTC for trading and settlement purposes.<\/p>\n<p data-start=\"2612\" data-end=\"2835\">In addition, as we also <a href=\"https:\/\/www.crypto-news-flash.com\/swiss-bitcoin-crypto-payments\/\">highlighted<\/a> recently in an updates, from Switzerland, where Bitcoin payments have been enabled nationwide, demonstrate that BTC is increasingly becoming the preferred digital asset for both businesses and consumers as crypto adoption expands.<\/p>\n<p data-start=\"2837\" data-end=\"3094\">Reflecting this growing adoption, Bitcoin (BTC) is currently trading at the price of <strong data-start=\"2917\" data-end=\"2931\">$92,234.28<\/strong>, marking with an in crease of <strong><span>6.68%<\/span> <\/strong>increase over the past 24 hours and <span><strong>4.92%<\/strong><\/span> in the past week. See BTC price chart below.<\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. European banks are working together to launch Qivalis, a euro-backed stablecoin by 2026, to boost Europe\u2019s control over digital payments. BTC adoption meanwhile also grows alongside Qivalis, reflecting potential synergy with the new euro stablecoin. Inline with our recent report [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":523515,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[172,5828,631,25,23539],"class_list":{"0":"post-523514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-crypto","9":"tag-euro-stablecoin","10":"tag-european-banks","11":"tag-news","12":"tag-qivalis"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/523514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=523514"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/523514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/523515"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=523514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=523514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=523514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}