Bitcoin.com
2025-12-03 10:30:21

BNP Paribas Joins European Bank Consortium for Euro-Backed Stablecoin Launch

Ten major european banks collaborate to develop regulated digital euro payment solution through newly established Qivalis entity. BNP Paribas has joined a consortium of ten European banks to launch a euro-backed stablecoin through Qivalis, a dedicated entity established in the Netherlands. The consortium has submitted an application for an electronic money license with the Dutch

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