Qivalis Euro Stablecoin Project

planned

Qivalis is a Netherlands-incorporated company backed by 37 European banks aiming to issue a regulated euro stablecoin under the EU's MiCA regulation. The project seeks to create a shared commercial-bank settlement layer for euro-denominated institutional tokenised markets, addressing the shortage of euro settlement density on blockchain rails. It aims to provide a regulated euro settlement asset that banks can use within their compliance, liquidity, and client-management systems, enabling faster and more efficient on-chain settlement for payments, trade finance, treasury, and capital-market activities.