BNP Paribas announced it would join nine other banks based in the EU to launch a euro-backed stablecoin in the second half of 2026. The stablecoin will be launched through an Amsterdam-based entity called Qivalis. BNP Paribas is the second largest bank in the bloc and eighth largest globally with over $2.8T in assets. https://group.bnpparibas/en/press-release/bnp-paribas-joins-european-consortium-to-launch-euro-backed-stablecoin #Crypto #CryptoCurrencies #StableCoins #BNPParibas #EU #Euro #BlockChain #Qivalis