Stablecoin News: BNP Paribas Joins EU Bank Stablecoin Venture Qivalis
BNP Paribas, France’s largest bank by assets, said on Tuesday it is joining nine other European banks in a joint venture focused on issuing a stablecoin as traditional financial firms chase the fast-growing digital asset class. The bank joins an Amsterdam-based initiative named Qivalis that is backed by lenders including ING, UniCredit and CaixaBank. The...
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