EURI Coin, a new euro-pegged stablecoin compliant with MiCA, is garnering attention in the cryptocurrency world. Recent trends are indicating a boost in Euro denominated stablecoins, one notable example is the
Banking Circle's launch of their own euro-backed stablecoin. Stablecoins have proven attractive with the ongoing trade war pushing the Euro higher. There's also mention of a continued regulatory push towards embracing digital currencies - the European Central Bank (ECB) prepares for the
Digital Euro and continues its lobbying efforts. As EURI joins the ranks of these euro-pegged cryptocurrencies,
VALR has also launched their own EURO Coin (EURC) trading and Euro deposits while DWS kickstarts the creation of the first German-regulated euro stablecoin. These moves highlight a growing trend across various financial entities. In fact, the MiCA rules from the EU are speculated to boost euro denominated stablecoins.
Tether has also made news, reportedly ditching its euro stablecoin due to MiCAR. Meanwhile,
Circle's EURC grows, allowing for predictions that the euro stablecoin market will continue to surge under MiCA. As more entities enter the euro-pegged market, various questions arise over how these changes will affect collectors, and more importantly, Euro zone economies.
EURI Coin News Analytics from Thu, 04 Aug 2022 07:00:00 GMT to Wed, 14 May 2025 18:16:44 GMT -
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