EURI Coin, a euro-pegged stablecoin compliant with MiCA, was recently listed by Binance and promises no fees. The coin aims to compete with U.S. stablecoins and is seen as a dual threat to European bank deposits. Alongside this, the crypto arm of SocGen has announced its own Euro stablecoin for the XRP Ledger, demonstrating a growing trend towards Euro stablecoins. Deutsche Bank and DWS have also secured regulatory approval for their own stablecoin, further legitimising the market. The digital Euro is being seen as the future of money in Europe, with companies like Banking Circle making stablecoins more accessible through the launch of EURI. Estonia and Spain are phasing out one and two-cent euro coins. The trend is favoring alternative forms of payments and thus increasing the possibility of EURI coin adoption. In addition to this, the use of Euros is expanding in Eastern Europe, with Bulgaria set to adopt the currency in 2026. At the same time, Ireland will be releasing Euro coins with high collection value and renowned footballer Cristiano Ronaldo's image on a β¬7 coin by Portugal has caused quite a stir, showing the broad appeal of Euro coins.
EURI Coin News Analytics from Thu, 12 Jan 2023 08:00:00 GMT to Wed, 02 Jul 2025 13:31:28 GMT -
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