Qivalis Adds 25 Banks for Euro Stablecoin
🤖This content was generated by TradingMaster AI based on real-time market data. While we strive for accuracy, please verify important financial information from the original source.
Qivalis has expanded its consortium to 37 banks by adding 25 new members across 15 countries, signaling strong institutional support for its upcoming euro stablecoin. This growth positions the project for a second-half 2026 launch, with an infrastructure aimed at facilitating efficient cross-border payments and settlement within the eurozone. The broadened bank participation underscores a deepening interest in regulated stablecoins, particularly as Europe's MiCA framework provides clearer guidelines. This development could accelerate adoption of digital euro solutions and enhance liquidity in the euro stablecoin market, potentially challenging existing players.
Read full article on CoinTelegraph
Latest Market Intelligence
Trump Backs CFTC Authority Over Prediction Markets
President Trump advocates for CFTC sole authority over prediction markets, signaling potential regulatory clarity for crypto platforms.
BTC Rangebound as Bears Defend $77K
Bitcoin trades rangebound between $74,000 and $77,000 as bears defend resistance and value investors accumulate.
HYPE Surges Past $65 on Record Inflows
HYPE breaks above $65 amid record ETF inflows and institutional adoption, with analysts eyeing $100 next.