🇪🇺 The European banking sector is accelerating its digital transformation with the Qivalis project, a consortium of twelve leading financial institutions looking to launch a euro-pegged stablecoin. Following the recent addition of Spanish giant BBVA in February 2026, the group will step up negotiations with exchanges, market makers, and liquidity providers. The goal is to bring this asset online in the second half of 2026, offering a domestic and regulated alternative to predominantly USD-denominated stablecoins, which currently dominate more than 99% of the global market.
