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51 Insights

CEO Notes

Qivalis hits Europe’s 37 Banks

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Marc Baumann and Sangam Bharti
May 22, 2026
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Qivalis, the Amsterdam-based banking consortium building a regulated euro stablecoin, added 25 banks on Wednesday, pushing its membership to 37 institutions across 15 countries. This is the first biggest push of European banks after the US’s GENIUS Act was passed. The U.S. is turning stablecoins into a geopolitical weapon by making the U…

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