Twelve major European banks — BNP Paribas, ING, UniCredit, BBVA, CaixaBank, and seven others — have formed Qivalis to launch a MiCA-compliant, euro-pegged stablecoin by H2 2026. In advanced talks with exchanges, market makers, and liquidity providers. EMI authorization pending from the Dutch central bank. This is the reference.
Qivalis · Amsterdam · DNB · 12 Banks
Qivalis is domiciled in Amsterdam and supervised by the Dutch central bank (DNB). Twelve member institutions — including BNP Paribas, ING, UniCredit, BBVA, and CaixaBank — hold equal governance stakes. Reserves are structured 40% in bank deposits, remainder in short-term EU sovereign bonds.
→ Consortium ArchitectureMiCA · EMI License · CASP · Reserve Management
Qivalis is pursuing Electronic Money Institution (EMI) authorization from DNB under the EU's Markets in Crypto-Assets (MiCA) regulation. The token is designed for 24/7 redemption, fully backed 1:1, with reserves diversified across highly rated EU credit institutions and sovereign bonds.
→ MiCA FrameworkExchanges · Market Makers · Liquidity Providers
Qivalis is in advanced discussions with MiCA-compliant crypto exchanges, market makers, and liquidity providers to ensure exchange listing and tradability from day one. Member banks will distribute directly through their own institutional and retail channels.
→ Market AccessStableConsortium.com is the lead domain in a complete vocabulary infrastructure covering the EU euro stablecoin consortium landscape — MiCA compliance, CASP licensing, and the regulatory architecture of European institutional stablecoin issuance. Held under single ownership and available for strategic acquisition as a unit.