QIVALIS
Qivalis is a consortium of twelve major European banks developing a euro-backed stablecoin, compliant with EU regulations.
Products
Key Events
2025Consortium of 12 European banks announced QIVALIS to develop a MiCA-compliant EUR stablecoin
Overview
Qivalis is a consortium formed by twelve major European banks to issue a euro-backed stablecoin. The consortium aims to leverage the collective expertise and credibility of leading European financial institutions.
Regulatory Status
Qivalis has applied for an Electronic Money Institution (EMI) license with the Dutch Central Bank and is awaiting approval.
Key Products
Qivalis is developing a euro-backed stablecoin, fully compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR), with a planned launch in the second half of 2026.