Global · Fintech & Payments

Key Facts

—The consortium just grew sharply. Twenty-five new banks, including Spain’s Sabadell and Bankinter, joined Qivalis, lifting it to 37 financial institutions across 15 European countries.

—A regulated euro stablecoin. The Amsterdam-based venture plans a MiCA-compliant token pegged 1:1 to the euro, with a launch targeted for the second half of 2026.

—Heavyweight membership. Members include ING, BNP Paribas, BBVA, UniCredit, CaixaBank, ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo.