Wealth and Asset Management
BNP Paribas joins European consortium to launch euro-backed stablecoin
BNP Paribas has joined a consortium now composed of ten European banks – Banca Sella, CaixaBank, Danske Bank, DekaBank, ING, KBC, Raiffeisen Bank International, SEB, UniCredit – to launch a euro-backed stablecoin. A dedicated entity, Qivalis, has been set-up in the Netherlands and has submitted an application for an electronic…
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