Qivalis Eyes Euro Stablecoin Launch

Qivalis, a euro-pegged stablecoin issuer, has onboarded 37 European banks in the past year and grown to about 40 staffers. It is close to securing an EMI license from the Dutch Central Bank and aims to go live with a regulated euro stablecoin by the end of this year. CEO Jan-Oliver Sell says trade finance is shifting to stablecoins, enabling faster collateral movement without off-ramping to fiat.