QIVALIS
Qivalis is a consortium of twelve major European banks developing a euro-backed stablecoin, compliant with EU's MiCAR regulations.
Products
Overview
Qivalis is a consortium formed by twelve major European banks to develop a euro-backed stablecoin. The consortium aims to enhance digital payments and settlements across Europe with a secure and regulated stablecoin.
Regulatory Status
Qivalis has applied for an Electronic Money Institution (EMI) license with the Dutch Central Bank and is awaiting approval.
Key Products
The main product is a euro-backed stablecoin, slated for launch in the second half of 2026, pending regulatory approval.