Sabadell Joins European Stablecoin Consortium, Other Spanish Banks Considering Participation

Spanish bank Banco Sabadell has announced its participation in the Qivalis consortium to launch a euro-pegged stablecoin later this year. The initiative aims to counter U.S.-dominated digital payments and includes major banks like ING, UniCredit, BNP Paribas, Caixabank, and BBVA.

By Reuters Tue, May 5, 2026 at 9:09 AM GMT+3 1 min read · Yahoo Finance ·

Sabadell Joins European Stablecoin Consortium, Other Spanish Banks Considering Participation

Topics: blockchain digital_payments european_banking stablecoins

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