Qivalis expands euro stablecoin consortium to 37 banks

Qivalis announced consortium expansion with ABN AMRO, Rabobank, Intesa Sanpaolo, Nordea, Erste Group, National Bank of Greece on May 20, 2026.

Primary

Qivalis

Counterparty

ABN AMRO, Rabobank, Intesa Sanpaolo, Nordea, Erste Group, National Bank of Greece

Structure

consortium expansion

Date

May 20, 2026

Sub-sector

Crypto / Stablecoin

European banks expand regulated euro stablecoin initiative to reduce dollar-denominated token dominance and strengthen institutional adoption.

Primary company

Qivalis

Counterparty

ABN AMRO, Rabobank, Intesa Sanpaolo, Nordea, Erste Group, National Bank of Greece

Amount

—

Event date

May 20, 2026

Sub-sector

Crypto / Stablecoin

HQ

—

Structure

consortium expansion

Source published

May 20, 2026

Publisher

CoinDesk

Source: coindesk.com