Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars

Market Intelligence Analysis

AI-Powered
Why This Matters

BBVA, a Spanish lender with $800 billion in assets, has joined the EU's Qivalis stablecoin venture, aiming to introduce a euro-pegged token this year, marking the 12th bank to join the initiative.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.

Continue Reading
Full article on CoinDesk
Read Full Article
Original article published by CoinDesk on February 4, 2026.
Analysis and insights provided by AnalystMarkets AI.