Europe promotes a stablecoin in euros with 37 banks involved
99% of existing stablecoins are denominated in US dollars. The project incorporated 25 new financial entities, consolidating a banking network of 15 countries. The European banking consortium, Qivalis, expanded its base to 37 financial institutions with the aim of advancing the launch of a stablecoin in euros under the MiCA regulatory framework. The announcement was … Read more