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
LG and Arbitrum Target $679B Ad Market
LG and Arbitrum are launching a blockchain platform targeting the $679 billion advertising market.
BTC at Risk as Tech Rout and ETF Outflows Pressure $60K
Bitcoin's failure to hedge against tech losses and ETF outflows puts the $60K support at risk.
Altman Weighs Price Cuts Amid AI Competition
Sam Altman's token price cuts to compete with Anthropic may be undercut by DeepSeek's free model, signaling a price war in AI.