Euro Stablecoin Initiative Gains Momentum with Fireblocks at the Helm
Fireblocks, a leading cryptocurrency custody firm, has been entrusted with the issuance and distribution of a euro-denominated stablecoin, backed by the Qivalis consortium, comprising 12 major European banks. Scheduled for release in the second half of 2026, this euro-backed token will be regulated by the Dutch Central Bank and compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR). …