Qivalis stablecoin consortium adds 25 new banks

▤ Summary

Qivalis announced 25 new bank members, bringing the stablecoin consortium to 37 banks less than eight months after the project was unveiled. The consortium plans to launch a stablecoin in H2 2026, contingent on Qivalis obtaining Electronic Money Institution approval from De Nederlandsche Bank. The new members include major European banks across 15 countries, with Spain contributing seven banks and Eastern Europe underrepresented (only Poland's Bank Pekao). Nearly a fifth of member banks come from non-Eurozone countries, and the article notes regulatory clarity for stablecoins compared with tokenized deposits.

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