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Qivalis, joint venture of a European banking consortium, to launch euro stablecoin in the second half of 2026

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Previously, nine major European banks – Banca Sella, CaixaBank, Danske Bank, DekaBank, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit – announced on 25 September 2025 that they had joined forces to launch a MiCAR-compliant stablecoin issuer under the supervision of the Dutch Central Bank (DNB), which will issue a…

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