{"id":1080,"date":"2026-04-11T05:14:36","date_gmt":"2026-04-11T05:14:36","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/1080\/"},"modified":"2026-04-11T05:14:36","modified_gmt":"2026-04-11T05:14:36","slug":"bbva-joins-banking-consortium-to-issue-european-stablecoin","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/1080\/","title":{"rendered":"BBVA Joins Banking Consortium to Issue European Stablecoin"},"content":{"rendered":"<p><a href=\"https:\/\/qivalis.eu\/\" target=\"_blank\" rel=\"noopener nofollow\">Qivalis<\/a> is a joint venture promoted by the European banking industry to create a shared euro-pegged stablecoin that enables secure, simultaneous exchange between digital assets and faster, more efficient euro payments between banks. In addition to BBVA, the consortium includes Banca Sella, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB and UniCredit.<\/p>\n<p>The consortium has set up this joint venture headquartered in Amsterdam, operating under the solvency, governance and customer protection standards established by the European crypto-assets regulatory framework (MiCA). The new company is currently awaiting authorization as an electronic money institution from the Dutch central bank.<\/p>\n<p>Its main objective is to issue a shared stable cryptocurrency that will allow European banks to offer their clients new payment solutions and settlement of tokenized financial assets using blockchain technology. For example, a self-employed professional could pay suppliers located in other countries, or working with other banks, more quickly and at lower cost, using a euro-linked solution directly integrated into their bank.<\/p>\n<p>\u201cCollaboration between banks is key to create common standards that support the evolution of the future banking model and deliver financial innovation to our clients in a consistent and practical way. In this regard, BBVA brings to Qivalis extensive experience amassed over years of exploring and developing use cases linked to digital assets,\u201d said Alicia Pertusa, Head of Partnerships &amp; Innovation at BBVA CIB.<\/p>\n<p>Jan-Oliver Sell, CEO of Qivalis: \u201cHaving BBVA join the banking consortium marks an important step forward. With their addition, our network now brings together twelve European banks committed to building a secure, MiCAR\u2011compliant euro stablecoin framework. This growing alignment strengthens our ability to deliver a resilient institutional-grade on-chain infrastructure for businesses and consumers across Europe and the world.\u201d<\/p>\n<p>Joining Qivalis marks yet another milestone in BBVA\u2019s long track record of exploring digital assets as a key component in developing innovative, secure, and regulated financial infrastructure for retail and corporate clients alike. Recent initiatives include BBVA\u2019s <a href=\"https:\/\/www.bbva.com\/en\/innovation\/bbva-partners-with-swift-to-embed-blockchain-technology-in-the-global-financial-system\/\" rel=\"nofollow noopener\" target=\"_blank\">collaboration with SWIFT<\/a> to develop a blockchain platform to serve as a shared digital registry for banks worldwide, as well as its <a href=\"https:\/\/www.bbva.com\/en\/innovation\/bbva-joins-project-agora-to-explore-the-tokenization-of-cross-border-payments\/\" rel=\"nofollow noopener\" target=\"_blank\">involvement in Agor\u00e1<\/a>, a project headed up by the Bank for International Settlements to optimize wholesale cross-border payments using this technology.<\/p>\n","protected":false},"excerpt":{"rendered":"Qivalis is a joint venture promoted by the European banking industry to create a shared euro-pegged stablecoin that&hellip;\n","protected":false},"author":2,"featured_media":1081,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148],"class_list":{"0":"post-1080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-bbva"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=1080"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/1081"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=1080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=1080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=1080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}