Notes — EBSI, MiCA, RWA & Stablecoin Engineering | ProDevel https://prodevel.com/blog/ Engineering notes from delivering on the EU's regulated rails: EBSI and Pontes connectivity, MiCA and EMT obligations, RWA risk architecture, and EUDI wallet integration. en Thu, 15 Oct 2026 00:00:00 GMT Qivalis is licensed. Now its banks have work to do. https://prodevel.com/blog/qivalis-euro-stablecoin-bank-distribution/ https://prodevel.com/blog/qivalis-euro-stablecoin-bank-distribution/ Thu, 15 Oct 2026 00:00:00 GMT Rado Patus Qivalis, the 37-bank euro stablecoin issuer, announced its Dutch EMI licence on 14 October. What a member bank must build and notify before distributing it. Stablecoins MiCA EMT DORA ECB as buyer: what tokenised issuers must run https://prodevel.com/blog/ecb-tokenised-securities-pontes-issuers/ https://prodevel.com/blog/ecb-tokenised-securities-pontes-issuers/ Wed, 14 Oct 2026 00:00:00 GMT Rado Patus The ECB will put part of its own funds into tokenised public-sector bonds, settled via Pontes. What an issuer has to build to be one the ECB can actually buy. Pontes RWA DLT DLT Pilot Regime The DLT Pilot reform, and the road to Pontes https://prodevel.com/blog/dlt-pilot-regime-reform-casps-pontes/ https://prodevel.com/blog/dlt-pilot-regime-reform-casps-pontes/ Mon, 12 Oct 2026 00:00:00 GMT Rado Patus The Council wants the DLT Pilot cap raised from €6bn to €300bn, with CASPs let in. Here's what the reform does, and how it connects tokenised markets to Pontes. DLT Pilot Regime Pontes MiCA RWA ESMA's October: the stablecoin list and the collateral test https://prodevel.com/blog/esma-october-stablecoin-opinion-tokenised-collateral/ https://prodevel.com/blog/esma-october-stablecoin-opinion-tokenised-collateral/ Fri, 09 Oct 2026 00:00:00 GMT Rado Patus ESMA's 8 Oct opinion tells CASPs to stop servicing non-MiCA stablecoins within three months. A day later it asked whether CCPs can take tokenised collateral. Both are engineering questions. MiCA Stablecoins RWA DORA Pontes is live. The connection fee is the cheap part. https://prodevel.com/blog/connecting-to-pontes/ https://prodevel.com/blog/connecting-to-pontes/ Thu, 08 Oct 2026 00:00:00 GMT Rado Patus The Eurosystem's DLT settlement bridge went live on 21 September 2026. Joining costs €2,500. The real cost is the integration behind it: keys, liquidity, reconciliation and DORA. Pontes DLT RWA Stablecoins EBSI's business launch is this month. Production still isn't a date. https://prodevel.com/blog/ebsi-business-launch-production-date/ https://prodevel.com/blog/ebsi-business-launch-production-date/ Thu, 08 Oct 2026 00:00:00 GMT Rado Patus EBSI goes to Bucharest on 22 October for its Business Launch. Its own timeline gives no quarter for production — which is a problem if your integration plan has one. EBSI DLT RWA