Qivalis secures 37 banks to accelerate trade finance with euro stablecoin
European stablecoin issuer Qivalis plans to launch a regulated euro-pegged stablecoin by year-end after securing 37 banks for trade finance. CEO Jan-Oliver Sell says the model cuts collateral settlement time from days to minutes, enabling direct cross-border transactions without currency conversion.
Summaries are written by AI from the original article. Not investment advice.