BUSINESSTHE BLOCK
Qivalis expands euro stablecoin consortium to 37 banks
Qivalis has expanded its euro stablecoin consortium to include 37 banks, adding 25 European institutions to the group, which now includes Luxembourg's state-owned Spuerkeess. This expansion increases the consortium's reach and potential impact on the financial sector. The growth of the consortium may lead to increased adoption of euro stablecoins.