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Updated 21 April 2026 at 01:56 pmCoinCex editorial review

Fireblocks to Build Euro Stablecoin Infrastructure for Banking Consortium

#Finance banks Stablecoins News

Twelve banks have formed the Qivalis consortium to issue a euro-backed stablecoin, with Fireblocks providing the underlying technical infrastructure. The participating institutions are Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.

The Qivalis consortium is made up of: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.
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Fireblocks to Build Euro Stablecoin Infrastructure for Banking Consortium