DZ BANK has joined a consortium of leading European banks working to establish Qivalis, a MiCAR-compliant stablecoin issuer under Dutch Central Bank (DNB) supervision to issue a regulated euro stablecoin. DZ Bank became the eleventh consortium member in late December 2025, joining Banca Sella, BNP Paribas, CaixaBank, Danske Bank, DekaBank, ING, KBC, Raiffeisen Bank Int