European Banks Unite for Euro Stablecoin: Qivalis Aims to Challenge US Dominance
A European Stablecoin Push: 10 Banks Form Qivalis A consortium of 10 major European banks has launched Qivalis, an Amsterdam-based company to issue a euro-pegged stablecoin. As a result, this initiative counters U.S. dollar dominance in digital payments. Specifically, it promotes European strategic autonomy in blockchain finance. The banks include ING, UniCredit, BNP Paribas (newly […]