Qivalis, a European banking consortium, has expanded its membership to 37 banks by adding 25 new institutions from 15 countries, including ABN AMRO, Rabobank, Nordea, and Intesa Sanpaolo. This expansion is part of Qivalis' plan to launch a regulated euro stablecoin in the second half of 2026. The consortium aims to embed European principles of data protection, financial stability, and regulatory integrity into the digital currency. The move aligns with the European Union's MiCA framework, as the bloc seeks to offer regulated euro-denominated alternatives to dollar-dominated stablecoins. Spain leads the new member wave with five banks joining, highlighting the country's early adoption of euro-stablecoins in the retail sector. The expansion underscores a broader European effort to integrate stablecoin infrastructure within existing banking systems, governed by EU rules.