Sabadell and Bankinter to join stablecoin consortium
Sabadell and Bankinter will join the Qivalis consortium to launch a euro-pegged stablecoin in late 2026. The move aims to counter U.S. payment dominance.
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BANCO DE SABADELL SA and BANKINTER SA will join the Qivalis consortium to launch a euro-pegged stablecoin in late 2026. The move adds two more lenders from Spain to an alliance of 12 major European financial institutions. This initiative aims to challenge the United States and its current dominance over global digital payment infrastructure.
