BBVA joins 12-bank group challenging USD stablecoin dominance with EUR alternative

BBVA, Spain’s second-largest bank has just become a part of Qivalis, a consortium of major European banks developing a regulated euro-pegged stablecoin. This makes BBVA the consortium’s 12th member.  The aim is to enable faster and cheaper payments, as well as the settlement of digital assets within a regulated environment backed by all the safeguards […]