QIVALIS-EUR
QIVALIS-EUR Stablecoin
announced
Fiat Backed
QIVALIS-EUR is a euro-backed stablecoin developed by a consortium of European banks, set to launch in the second half of 2026.
Key Data
| Backing | Fully backed 1:1 by reserves, with 40% in bank deposits and the rest in eurozone sovereign bonds. |
| Redemption | 24/7 redemption for token holders, providing continuous liquidity. |
| Peg Currency | EUR |
Supported Networks
EthereumPolygonBase
Overview
QIVALIS-EUR is a stablecoin developed by a consortium of 12 major European banks, aiming to provide a stable digital currency backed by the euro.
How It Works
The stablecoin will be fully backed 1:1 by reserves, ensuring stability and trust.
Reserve Backing
At least 40% of the reserves will be held in bank deposits, with the remainder in high-quality, short-term eurozone sovereign bonds.
Supported Networks
Initially launching on the Ethereum mainnet, with plans to expand to Polygon and Base.