what's Qivalis?
Qivalis is an Amsterdam-based entity established as a joint venture by a consortium of major European banks to issue a euro-pegged stablecoin compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR). The stablecoin aims to enable trusted digital transactions on blockchain networks, support programmable payments, and foster new digital ecosystems, operating under the supervision of the Dutch Central Bank.
Qivalis is a small European stablecoin project lacking funding and adoption incentives.
Identified as a European native stablecoin project alongside EURe, EURI, and EURA, characterized as small with lack of funding and incentives for adoption.
Appoints Jan-Oliver Sell, former Coinbase Germany CEO and Binance veteran, as CEO, and former NatWest chair Howard Davies as Chairman.
Forms consortium of 12 European banks including ING, UniCredit, and BNP Paribas for MiCA-compliant euro-pegged stablecoin backed 1:1 by deposits and sovereign bonds, targeting H2 2026 launch. Ernesto Olmedo Pereira speaks at Stable Summit in Cannes on 2026-03-27 to 2026-03-28.