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QIVALIS-EUR Stablecoin
announced
Fiat Backed
EUR
QIVALIS-EUR is a euro-backed stablecoin developed by a consortium of 12 major European banks, scheduled for launch in the second half of 2026.
Key Data
| Backing | Fully backed 1:1 by the euro with reserves in bank deposits and sovereign bonds. |
| Redemption | Continuous redemption access at par value. |
| Peg Currency | EUR |
Use Cases
PaymentsTrading
Overview
QIVALIS-EUR is a stablecoin backed 1:1 by the euro, developed by a consortium of 12 major European banks. It is set to launch in the second half of 2026, pending regulatory approval.
How It Works
The stablecoin will be fully backed by euro reserves, ensuring stability and trust for users.
Reserve Backing
The reserves will consist of at least 40% in bank deposits and approximately 60% in high-quality, short-term euro-area sovereign bonds.
Supported Networks
The specific blockchain networks for QIVALIS-EUR have not been publicly announced.