Wire · operational-macro
Dutch Central Bank Clears Qivalis to Issue a Euro Stablecoin
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Fusion42 · 24 October 2026 · Fusion42 review
Dutch Central Bank granted Qivalis an electronic money license enabling it to issue a euro-denominated stablecoin backed by 37 European banks. The stablecoin will run on public Ethereum and support crypto trading settlement as its first use case, marking a significant European move against dollar dominance in digital payments infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech, and 8 sources have reported it between 14 Oct 2026 and 24 Oct 2026.
◆ ◆ The Wire takeaway
You must prepare for euro stablecoin adoption shifting from theoretical to real with a regulatory-approved token launching soon. The public Ethereum deployment opens a pathway to challenge dollar stablecoins, so align your compliance and tech to leverage this new euro liquidity stream.
◆ Coverage
8 sources · first reported 14 Oct 2026 · latest 24 Oct 2026
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