New Euro Stablecoin Set to Rebalance the Digital Currency Landscape


A groundbreaking initiative by twelve premier European banks aims to introduce a euro-backed stablecoin, positioning itself as a formidable rival to the widely-used dollar-pegged digital currencies. This ambitious project, named Qivalis, is headquartered in Amsterdam and falls under the jurisdiction of the Dutch Central Bank.

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Source: https://en.bitcoinhaber.net/new-euro-stablecoin-set-to-rebalance-the-digital-currency-landscape