European banking giants unite to launch euro stablecoin by 2026

European banks are coordinating one of the region’s digital payment initiatives to date as they move toward issuing a regulated euro stablecoin by 2026. BNP Paribas has joined nine other major lenders in a collaborative effort called Qivalis, a newly formed Dutch entity created to develop an EU-based token designed for on-chain payments. The group […] source: https://www.cryptopolitan.com/european-banking-giants-to-launch-euro-stablecoin/