Wire · operational-macro
Consortium of 37 European banks Received License to Issue Euro Stablecoin
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Fusion42 · 15 October 2026 · Fusion42 review
Qivalis, backed by a consortium of 37 European banks including BBVA, BNP Paribas, and ING, has received a license from the Dutch regulator to issue a euro-pegged stablecoin under EU's MiCA regulation, aiming to build blockchain-based euro settlement infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 14 Oct 2026 and 15 Oct 2026.
◆ ◆ The Wire takeaway
You now face a reshaped euro settlement market where a group of leading banks will control a new stablecoin native to European law. Start planning your token and settlement strategies to compete with or integrate Qivalis' blockchain euro asset.
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7 sources · first reported 14 Oct 2026 · latest 15 Oct 2026
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