European Banks Collaborate on Euro Stablecoin with Fireblocks
Fireblocks, a leading cryptocurrency custody firm, is set to facilitate the launch of a euro-backed stablecoin, supported by a group of 12 prominent European banks. The Qivalis consortium, comprising banks such as CaixaBank, Danske Bank, and UniCredit, is driving this initiative. Scheduled for release in the second half of 2026, the euro-denominated token will be regulated by the Dutch Central Ba…