AIB joins Qivalis consortium to develop regulated euro stablecoin

PUBT
2026.05.20 11:12
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AIB has joined the Qivalis consortium, which includes 37 European banks, to develop a regulated euro stablecoin for payments and settlements. The consortium, established in Amsterdam in September 2025, aims for a market launch in late 2026, pending regulatory approval. The stablecoin will comply with the EU’s Markets in Crypto-Assets regulation to facilitate euro-based on-chain payments.