Crypto
European banks seek exchange ties ahead of 2026 stablecoin launch
Major European banks are preparing to launch a euro-linked stablecoin in 2026 and have begun negotiations with cryptocurrency exchanges and liquidity firms, Cointelegraph reported on March 2. The Qivalis consortium, which includes ING, UniCredit, CaixaBank and BBVA, is aiming for a launch in the second half of 2026. The project is led by Qivalis CEO Jan Sell and plans to back reserves with bank deposits and short-term euro zone government bonds.
