By Elizabeth Howcroft and Jesús Aguado
SOME 25 more banks, including lenders ABN Amro and Sabadell, have joined a European consortium planning to launch a euro-pegged stablecoin later this year, the group said.
The consortium – which set up an Amsterdam-based company called Qivalis last year – now has 37 financial institutions as members, including ING, BNP Paribas and BBVA from 15 countries.
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