The entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.” A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch Central Bank.In a Tuesday notice, ​​BNP Paribas said it would join nine other EU-based banks in an effort to launch a euro-backed stablecoin “in the second half of 2026.” The Amsterdam-based entity formed by the banks, Qivalis, will launch a stablecoin compliant with the region’s Markets in Crypto-Assets (MiCA) framework, subject to regulatory approval.“A native euro stablecoin isn’t just about convenience — it’s about monetary autonomy in the digital age,” said Qivalis CEO Jan-Oliver Sell. “Presenting new opportunities for European companies and consumers to interact with onchain payments and digital asset markets in their own currency.”Read more The entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.” A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch Central Bank.In a Tuesday notice, ​​BNP Paribas said it would join nine other EU-based banks in an effort to launch a euro-backed stablecoin “in the second half of 2026.” The Amsterdam-based entity formed by the banks, Qivalis, will launch a stablecoin compliant with the region’s Markets in Crypto-Assets (MiCA) framework, subject to regulatory approval.“A native euro stablecoin isn’t just about convenience — it’s about monetary autonomy in the digital age,” said Qivalis CEO Jan-Oliver Sell. “Presenting new opportunities for European companies and consumers to interact with onchain payments and digital asset markets in their own currency.”Read more

Group of EU banks pushes for a euro-pegged stablecoin by 2027

The entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.”

A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch Central Bank.

In a Tuesday notice, ​​BNP Paribas said it would join nine other EU-based banks in an effort to launch a euro-backed stablecoin “in the second half of 2026.” The Amsterdam-based entity formed by the banks, Qivalis, will launch a stablecoin compliant with the region’s Markets in Crypto-Assets (MiCA) framework, subject to regulatory approval.

“A native euro stablecoin isn’t just about convenience — it’s about monetary autonomy in the digital age,” said Qivalis CEO Jan-Oliver Sell. “Presenting new opportunities for European companies and consumers to interact with onchain payments and digital asset markets in their own currency.”

Read more

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