BNP Paribas Joins European Bank Consortium for Euro-Backed Stablecoin Launch

BNP Paribas Joins European Bank Consortium for Euro-Backed Stablecoin LaunchTen major european banks collaborate to develop regulated digital euro payment solution through newly established Qivalis entity. BNP Paribas has joined a consortium of ten European banks to launch a euro-backed stablecoin through Qivalis, a dedicated entity established in the Netherlands. The consortium has submitted an application for an electronic money license with the Dutch […]

Source: https://news.bitcoin.com/bnp-paribas-joins-european-bank-consortium-for-euro-backed-stablecoin-launch/