# Qivalis plans for a market launch in the second half of 2026.

*fintech · news · 2026-05-20 · Siliconrepublic.com*

## Key points

- Bank of Ireland and AIB joined a 37-bank European consortium led by Qivalis for a euro stablecoin.
- Qivalis plans to launch its euro-denominated stablecoin in the second half of 2026.
- Qivalis is seeking European regulatory approval as an authorised electronic money institution before launch.
- Euro-denominated stablecoins currently represent only about 0.2% of global stablecoin circulation.

**Companies:** Bank of Ireland, AIB, Qivalis, Cecabank, Erste Group, Groupe BPCE, National Bank of Greece, Danske Bank, ING, KBC
**Countries:** Ireland, Netherlands, Greece, Austria, Germany, Denmark, Belgium, France, Spain

[Read the full story on Siliconrepublic.com](https://www.siliconrepublic.com/business/aib-bank-of-ireland-join-qivalis-group-pushing-for-euro-stablecoins)

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