A dozen banks want a euro stablecoin. Fireblocks is making it happen

A dozen banks want a euro stablecoin. Fireblocks is making it happen

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailA dozen banks want a euro stablecoin. Fireblocks is making it happenThe Qivalis consortium is made up of: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit. By Ian Allison|Edited by Omkar GodboleUpdated Apr 21, 2026, 8:17 a.m. Published Apr 21, 2026, 8:00 a.m. Make preferred on CEO and co-founder Michael Shaulov (Fireblocks)What to know: The euro-backed token is scheduled for release in the second half of 2026.Amsterdam-based Qivalis is regulated by the Dutch Central Bank.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 conso

Source: https://www.coindesk.com/business/2026/04/21/crypto-custody-firm-fireblocks-powers-bank-backed-euro-stablecoin