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European banks advance talks to launch euro stablecoin in 2026
The Qivalis consortium, bringing together several major European banks, is in advanced negotiations with crypto exchanges and liquidity providers to distribute a future euro-denominated stablecoin. The project includes ING, UniCredit, and recently joined BBVA, along with other financial groups. The launch is scheduled for the second half of 2026, according to Cointelegraph. Banks expect to distribute the token both directly through their own channels and via partner platforms. The initiative comes several months after the consortium’s official announcement in September 2025, when nine banks from different EU ... (full story)
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