[Nine European Banks Launch Stablecoin Issuance Entity Qivalis, Planning to Introduce Euro Stablecoin in the Second Half of 2026] Odaily Planet Daily reports that nine major European banks—Banca Sella, CaixaBank, Danske Bank, DekaBank, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit—have announced the launch of a stablecoin issuance entity, Qivalis, which complies with MiCAR standards. The entity will issue euro stablecoins under the supervision of the Dutch Central Bank (DNB), with plans to introduce the euro stablecoin in the second half of 2026. It is reported that BNP Paribas SA has recently joined the alliance, further expanding the number of financial institutions participating in this MiCAR-compliant euro stablecoin initiative. (Crowdfundinsider)