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Mmastodon BusinessBanking first seen 2 d ago, last 2 d ago, peak #11

Bank-backed fintech Qivalis wins licence for euro stablecoin

Original: Das von 37 europäischen Banken unterstützte Fintech Qivalis hat die EMI-Lizenz erhalten und bringt einen 1:1 an den Euro

Qivalis, a fintech supported by 37 European banks, has received an electronic money institution licence and plans to launch a stablecoin pegged 1:1 to the euro. The MiCA-compliant euro EMT is to be issued on the blockchain, creating a regulated foundation for secure digital euro payments, and the move is drawing attention in banking and crypto circles.

Why now: A major bank consortium entering regulated euro stablecoin issuance under MiCA is significant news for European digital payments.

QivalisEuropean banksMiCAeuro

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