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The consortium now counts 37 financial institutions as members, including ING, BNP Paribas, and BBVA, spanning 15 countries.
Twenty-five additional European banks have joined the Qivalis euro-pegged cryptocurrency consortium.
KEY POINTS
- Qivalis now comprises 37 financial institutions across 15 countries, including ABN Amro, Sabadell, and Nordea.
- The consortium's goal is to create an on-chain euro infrastructure built and governed by European institutions.
- Despite growing stablecoin usage, current euro-pegged stablecoins show minimal demand compared to dollar-pegged rivals.
COMPANIES
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