Market Chatter: Sabadell, Bankinter to Join European Stablecoin Group Qivalis
Idag, 10:16
Idag, 10:16
04:16 AM EDT, 05/05/2026 (MT Newswires) -- Banco de Sabadell (SAB.MC) and Bankinter (BKT.MC) plan to join the Qivalis stablecoin initiative led by a dozen European banks, Spanish newspaper Expansion reported Tuesday, citing unnamed sources.
The Spanish banks and several non-listed peers, including Abanca, Kutxabank and Cecabank, are expected to join the consortium in the coming weeks, according to the report.
A group of large European banks unveiled Qivalis in December 2025 to launch a euro-pegged stablecoin in the second half of 2026.
Sabadell and Bankinter did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Idag, 10:16
04:16 AM EDT, 05/05/2026 (MT Newswires) -- Banco de Sabadell (SAB.MC) and Bankinter (BKT.MC) plan to join the Qivalis stablecoin initiative led by a dozen European banks, Spanish newspaper Expansion reported Tuesday, citing unnamed sources.
The Spanish banks and several non-listed peers, including Abanca, Kutxabank and Cecabank, are expected to join the consortium in the coming weeks, according to the report.
A group of large European banks unveiled Qivalis in December 2025 to launch a euro-pegged stablecoin in the second half of 2026.
Sabadell and Bankinter did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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