Ten major EU banks including BNP Paribas, ING, and UniCredit—are forming Qivalis to launch a MiCA-compliant euro stablecoin by 2026, aiming to challenge the dollar’s 99% dominance in the global stablecoin market.

Ten major EU banks including BNP Paribas, ING, and UniCredit—are forming Qivalis to launch a MiCA-compliant euro stablecoin by 2026, aiming to challenge the dollar’s 99% dominance in the global stablecoin market.

Cryptonews •

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