EURI Coin is making headlines among several key happenings in the cryptocurrency realm as well as the wider European economy. It's noteworthy that the
EU is pushing for a Euro Coin to counter the dominance of US stablecoins. The
Bulgarian National Bank recently started minting the Euro coin following confirmation from Eurozone. Additionally, a
Euro stablecoin, a collaborative project by
DWS and
Deutsche Bank, has earned regulatory approval.
The
European Space Agency (ESA) marked its 50 years with the release of special euro coins. The viability of one and two-cent euro coins is under question, with Estonia deciding to phase them out. The surge in the Euro stablecoin market is being fuelled by trade uncertainty and increased adoption of blockchain. The
Bulgarian National Bank is seeking a purchaser for coins to be melted following the country's transition to Euro.
Even more significant is
Banking Circle's launch of the
EURI, advancing stablecoins' accessibility. However, several collector-specific Euro coins, such as Portugal's β¬7 Euro coin dedicated to Cristiano Ronaldo, have fetched impressive valuations, proving a treat for numismatists. The use of cryptocurrencies is also expanding among luxury brands like Gucci which has started accepting Euro Coin and ApeCoin. In an interesting development, the USDC issuer,
Circle, has initiated a Euro stablecoin and also launched it natively on the
Solana Blockchain.
EURI Coin News Analytics from Wed, 21 Jul 2021 07:00:00 GMT to Tue, 08 Jul 2025 13:50:45 GMT -
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