37 European Banks Back Qivalis Euro Stablecoin in €450M Market Expansion

1 hour ago 4

Rommie Analytics

Key Takeaways:

Qivalis has obtained the authorization from the Dutch regulatory authorities to issue electronic money in Europe.
The consortium now has a total of 37 banks from 15 countries, looking forward to launching a euro stablecoin within months.
Euro stablecoins have swelled from €450m to a total of only an estimated $300bn today.

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