BNP Paribas Joins European Stablecoin Consortium Qivalis
On Tuesday, the euro stablecoin consortium held its first press conference, unveiling its name, Qivalis, and introducing its management team. The group, originally formed by nine banks including ING, UniCredit and DekaBank, also announced a major addition: BNP Paribas, Europe’s largest bank, will become its tenth member.
