BBVA has joined Qivalis, the European bank consortium developing a MiCAR compliant euro stablecoin, bringing total membership to 12 institutions. The Spanish bank becomes the second from Spain after CaixaBank joined the initiative at launch in early December 2025. Other recent additions include BNP Paribas and DZ Bank.
The multinational financial services institution has demonstrated commitment to digital transformation, securing positions in international rankings for digital banking excellence. BBVA’s involvement adds to a consortium that includes Banca Sella, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.
“Collaboration between banks is key to create common standards that support the evolution of the future banking model and deliver financial innovation to our clients in a consistent and practical way. In this regard, BBVA brings to Qivalis extensive experience amassed over years of exploring and developing use cases linked to digital assets,” said Alicia Pertusa, Head of Partnerships & Innovation at BBVA CIB.
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