Qivalis Considers Exchanges as Euro Stablecoin Nears 2026 Launch

Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin. The group, which includes banks such as ING, UniCredit and the recent addition of BBVA, is moving toward a launch in the second half of 2026, and the shareholder banks themselves will also be able to distribute the token.

Those discussions extend to market makers and other liquidity providers, with the consortium seeking partners that comply with European Union regulatory frameworks, including the Markets in Crypto‑Assets Regulation. Bit2Me, a MiCA‑licensed exchange in Spain, has held talks with one of the consortium’s banks.

Jan Sell, Qivalis CEO and former head of Coinbase in Germany, said the group is considering both European and international partners to support a global vision and to offer a regulated, domestic alternative to US dollar‑denominated stablecoins.

Spain

qivalis, euro stablecoin, stablecoin, euro-pegged, ing, unicredit, bbva, mica, bit2me, market makers