European banks tap Fireblocks for MiCA-compliant euro stablecoin
Burns Brief
A 12-bank European consortium led by Qivalis is partnering with Fireblocks to develop a regulated euro stablecoin under MiCA, targeting launch in the second half of 2026 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
A 12-bank European consortium led by Qivalis is partnering with Fireblocks to develop a regulated euro stablecoin under MiCA, targeting launch in the second half of 2026.
Key Takeaways
- A 12-bank European consortium led by Qivalis is partnering with Fireblocks to develop a regulated euro stablecoin under MiCA, targeting launch in the second half of 2026