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Euro Stablecoin Project by EU Banks

Sector: Finance • Location: Netherlands

Source: The Crypto Basic

Project
Planned

A consortium of major European banks led by Qivalis is partnering with Fireblocks to develop a MiCA-compliant euro-denominated stablecoin for institutional use cases such as settlements, treasury operations, and tokenized financial assets. The stablecoin will be fully regulated and backed one-to-one with the euro under Dutch supervision, pending final approval from De Nederlandsche Bank. The conso

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Project Information

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The project “Euro Stablecoin Project by EU Banks” is an infrastructure initiative in the Finance sector, located in Netherlands. Taiyo aggregates data on it from The Crypto Basic.

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Participants

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Address

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Description

Description

A consortium of major European banks led by Qivalis is partnering with Fireblocks to develop a MiCA-compliant euro-denominated stablecoin for institutional use cases such as settlements, treasury operations, and tokenized financial assets. The stablecoin will be fully regulated and backed one-to-one with the euro under Dutch supervision, pending final approval from De Nederlandsche Bank. The consortium aims to launch the product in the second half of 2026.

Original sub-sector

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Original Currency

USD

Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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