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via CoinDesk · By CoinDesk Staff
European stablecoin issuer Qivalis sees transformation of global trade finance
CS
CoinDesk Staff(02:41 PM UTC)
1 min read
Summary
- Qivalis has onboarded 37 European banks in the last year and grown from scratch to 40 staffers.
- The euro-pegged stablecoin issuer is close to securing an EMI license out of the Netherlands from the Dutch Central Bank (DNB) and plans to go live by the end of this next year.
Trade finance, the cash flow that supports businesses carrying out global…
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