[Qivalis Introduces 37 Banks to Accelerate Trade Financing, Applying for Dutch Central Bank EMI License] Jan-Oliver Sell, CEO of European stablecoin issuer Qivalis, stated that the trade finance supply chain is transitioning to stablecoins. Over the past year, Qivalis has expanded its staff to approximately 40 members and introduced 37 European banks. The organization is currently applying for an EMI license from the Dutch Central Bank and plans to launch a regulated euro stablecoin service by the end of the year.