Qivalis — Euro Stablecoin

37 banks across 15 countries. MiCA-compliant, 1:1 EUR-backed. Supervised by Dutch Central Bank (DNB). Infra: Fireblocks.

+18 more

Open USD (OUSD) — Open Standard

140+ companies. Partners keep nearly all reserve yield. Launching on Solana first. Led by Zach Abrams (ex-Bridge / Stripe).

+130 more

Global Dollar Network (USDG)

USD stablecoin with revenue-sharing model. Issued by Paxos from Singapore under MAS license. ~$3B market cap. 130+ enterprise partners.

Japan Megabank Consortium

$7T+ combined assets. Yen-pegged stablecoin first, USD to follow. 300K+ enterprise clients. Infra: Progmat (MUFG / NTT Data).

The Clearing House — Tokenized Deposit Network

25 largest US banks. Converts commercial deposits into blockchain tokens for 24/7 interbank settlement. FDIC-insured. Deposits stay on balance sheet.

+16 more

BankChain Alliance

39 US state banking associations representing 3,283 banks with $21.8T in assets. Industry-owned blockchain for tokenized deposits, stablecoins, and programmable payments. Led by Kathy Kraninger (ex-CFPB). Tech partner TBD.

+3,270 more