Spanish Banks Join Euro Stablecoin Initiative as Europe Aims for Alternative to Dollar-Denominated Options
Sabadell and Bankinter are set to join the European consortium Qivalis in developing a euro-pegged stablecoin, aiming to create regulated digital money infrastructure. The project is expected to launch by late 2026 if approved under MiCA regulations.
Topics: digital currency European banking MiCA regulation stablecoins