Although euro-denominated stablecoins have expanded significantly from around €50M to €450M since early 2024, this volume remains a tiny slice compared to the roughly $300B market for US dollar stablecoins, pointing to immense room for future growth.
Looking to shift these dynamics is Qivalis, an alliance bringing together 37 European banks under regulatory authorization from De Nederlandsche Bank. However, minting these tokens is merely one part of the equation. To securely store and manage the asset for their customers, each participating institution must establish proper governance frameworks, risk controls, and custody solutions.
Institutions such as DZ BANK and BBVA are already addressing this need through Ripple Custody, leveraging institutional-grade infrastructure that connects smoothly with their existing operational environments.
Is your institution prepared for the upcoming arrival of Qivalis?
https://on.ripple.com/4zezmXV
Looking to shift these dynamics is Qivalis, an alliance bringing together 37 European banks under regulatory authorization from De Nederlandsche Bank. However, minting these tokens is merely one part of the equation. To securely store and manage the asset for their customers, each participating institution must establish proper governance frameworks, risk controls, and custody solutions.
Institutions such as DZ BANK and BBVA are already addressing this need through Ripple Custody, leveraging institutional-grade infrastructure that connects smoothly with their existing operational environments.
Is your institution prepared for the upcoming arrival of Qivalis?
https://on.ripple.com/4zezmXV