ABN AMRO joins Qivalis, the regulated European stablecoin consortium
- Innovation
Jordi van Baardewijk
Sr Press Officer Risk Management, Compliance, HR, I&T and Detecting Financial Crime
ABN AMRO joins Qivalis, a European bank-backed initiative developing a regulated, euro-denominated stablecoin aimed at operating under the supervision of the Dutch Central Bank (DNB)
The adoption of digital market infrastructure in Europe is accelerating across use cases such as cross-border payments, securities settlement and liquidity management. This development aligns with ABN AMRO’s strategy to strengthen its core client franchises through secure, scalable digital platforms and to make clear choices on where technology creates sustainable client value. In practice, this enables transactions to be settled directly in euro without relying on traditional banking rails.
ABN AMRO has previously issued digital securities in a regulated environment, demonstrating how distributed ledger technology can improve transparency and efficiency. However, broader adoption has been constrained by the absence of a scalable, regulated euro settlement asset, leaving many digital transactions dependent on traditional off-chain processes and settlement cycles.
By joining Qivalis, ABN AMRO aims to address this gap by enabling direct access to a digital, on-chain euro, which can be used for settlement of various real world client use cases. It will support faster settlement, improved liquidity management and transparency across payments as well as tokenized and digital assets within a regulated European framework. The bank is already in active discussions with corporate and institutional clients exploring stablecoin-based cross-border payments, driven by concrete efficiency and liquidity benefits.
“Demand for on-chain euro settlement is real and growing,” said Yorick Naeff, Head of Innovations at ABN AMRO. “By joining Qivalis, we are taking a pragmatic step to support emerging client needs within a regulated, European-anchored framework, fully aligned with our long-term strategy.”
ABN AMRO’s participation in Qivalis builds on its broader engagement in European digital market infrastructure. The bank is already an equity participant in Regulated Layer One (RL1). Together, RL1 and Qivalis provide ABN AMRO with a shared European foundation to scale digital payments and securities settlement.