# Bank of Ireland said the move marks a significant step in its digital and innovation strategy.

*fintech · news · 2026-05-20 · RTE.ie*

## Key points

- Bank of Ireland and AIB have joined Qivalis to issue a regulated euro-denominated stablecoin.
- Qivalis has expanded to 25 new European banks, now spanning 15 countries.
- The Qivalis stablecoin will be fully euro-backed, supervised by the Dutch central bank under MiCAR.
- Qivalis aims for a 2026 launch, advancing operational and technical readiness while collaborating with regulators.

**Companies:** AIB, Bank of Ireland
**Countries:** Ireland, Netherlands, Spain, Greece, Sweden, Denmark, Germany, Italy, France, Austria, Poland, Finland, Norway, Hungary, Czech Republic

[Read the full story on RTE.ie](https://www.rte.ie/news/business/2026/0520/1574265-bank-of-ireland-joins-euro-stablecoin-initiative/)

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