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A Dozen Banks Want a Euro Stablecoin. Fireblocks Is Making It Happen
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A dozen banks want a euro stablecoin. Fireblocks is making it happen
The post A dozen banks want a euro stablecoin. Fireblocks is making it happen appeared on BitcoinEthereumNews.com. Cryptocurrency custody firm Fireblocks is handling the issuance and distribution of a euro-denominated stablecoin, backed by a group of twelve European banks, known as the Qivalis consortium. The euro-backed token, scheduled for release in the second half of 2026, is regulated by the Dutch Central Bank through Amsterdam-based Qivali…
The European banking consortium Qivalis chooses the Fireblocks tokenisation platform for the infrastructure of its stablecoin in euros.
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