Recent crypto developments have had significant influence over the global cryptocurrency market. Against the backdrop of a volatile geopolitical climate and an ongoing trade war which has left
European economies in a flux, the EU has sought to enhance financial stability by fostering measures to bolster the Euro. One of these initiatives is a stablecoin,
EURI, pegged to the Euro has emerged, helping push the Euro higher according to analysts at Circle.
Binance, a well-known exchange platform, has also listed EURI recently as the cryptocurrency gained regulatory compliance under MiCA. Concurrently,
Banking Circle has launched their Euro-backed stablecoin, making the EURI more accessible. However, there are increasing concerns that stablecoins and digital Euros could pose a
dual threat to European Bank deposits.
On a tangential note, European countries are releasing a number of
novel commemorative coins which are rapidly increasing in value, making coin collection more lucrative.
Collectible currencies imprinted with sports stars like Cristiano Ronaldo, entries of significant historical moments or national icons are gaining particular interest. Meanwhile, some countries are eliminating smaller denominations, whilst others are grappling with a coin shortage. Lastly, there has been a rise of
counterfeit Euros, with Spain and Kosovo experiencing influxes of fake coins.
EURI Coin News Analytics from Fri, 08 Jul 2022 07:00:00 GMT to Wed, 07 May 2025 14:26:15 GMT -
Rating 4
- Innovation 4
- Information 10
- Rumor -6
