Qivalis Secures Support from 37 European Banks for Euro Stablecoin

According to Financial Times, Qivalis, an Amsterdam-based stablecoin project, has secured support from 37 European banks including BNP Paribas, ING, and UniCredit, with 25 being newly added. The project has applied for a license from the Dutch central bank and aims to commence operations by the second half of 2026.
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