Qivalis, a consortium of 37 European banks authorized by De Nederlandsche Bank, is preparing a shared euro stablecoin.
Members BBVA and DZ BANK already use Ripple Custody.
Members BBVA and DZ BANK already use Ripple Custody.
Euro stablecoins have grown from ~โฌ50M to โฌ450M since early 2024. Against a ~$300B stablecoin market, thatโs still a fraction of whatโs possible.View quoted post on X
Qivalis, a consortium of 37 European banks now authorized by De Nederlandsche Bank, is set to change that. But issuance is only half the story. Each bank still needs the custody, governance, and controls to hold the asset for clients.
BBVA and DZ BANK already run on Ripple Custody to do exactly that: bank-grade infrastructure that integrates with the systems they already run.
When Qivalis launches, will your bank be ready?
on.ripple.com/4zezmXV