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Alpha Points
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VIP Wealth Hub
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Customized asset management to grow your digital assets
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Several banks in Europe are advancing the euro stablecoin, aiming for a launch in the second half of 2026.
[Several European banks are advancing the euro stablecoin, aiming for a launch in the second half of 2026] A new company called Qivalis has been formed by 10 European banks including BNP Paribas, ING, and UniCredit, with plans to launch a euro-pegged stablecoin in the second half of 2026 to counter the dollar-dominated digital payments. Qivalis is headquartered in Amsterdam, led by former CEX Germany CEO Jan-Oliver Sell as CEO, and former NatWest chairman Howard Davies as chairman.