↑ Events and Actions That Define the Role and Value of the EURI Coin
Several crucial events, ranging from the issue of commemorative 2-euro coins to the launch of a euro stablecoin underpinned some significant...
The European banking sector is set to launch a Euro stablecoin in an effort to counter US dominance in regional markets. Leading investment firm DWS and Deutsche Bank received regulatory approval for their Euro stablecoin project, making the venture backed by Flow Traders and Galaxy an anticipated entry to the market. The European Union is also accelerating plans for a digital euro, potentially running on Ethereum or Solana networks.
Meanwhile, Bulgaria is on the path to adopt the euro in 2026. The transition will be marked by unique euro coins celebrating significant national events and figures, with preservation of national symbols and heritage playing a significant role. The country will release Euro Coin Starter Packs ahead of the currency switch.
Other countries are also launching unique Euro coins. Amid these developments, the future of the 1 and 2-cent coins appears uncertain, as Germany and Estonia contemplate ditching these denominations. Notably, this comes as the global trade war is causing the euro to rise, thereby increasing demand for Euro stablecoins like Circle’s EURC.
As the European Central Bank president welcomes these developments, one euro coin is reported to be valued at more than €1000. Meanwhile, some counterfeit euro coin rings have been busted, including in Spain and Kosovo. As the digital and physical euro continue their coexistence, it's clear that Europe is entering a new era of finance.
EURI Coin News Analytics from Wed, 29 Jan 2020 08:00:00 GMT to Wed, 08 Oct 2025 21:14:00 GMT - Rating 8 - Innovation 9 - Rumor 2