The EURC listing on Upbit enhances euro accessibility in South Korea, potentially diversifying stablecoin markets and reducing reliance on USD. Circle's EURC goes live on Upbit, giving South Korean traders direct access to euros.
Nu Global will add USDC and EURC to its multi-currency digital account. The integration could strengthen stablecoins' role in cross-border payments.
Neobanking giant Nu Holdings Ltd. announced the launch of Nu Global. It is a multi-currency digital account that directly integrates Circle's USDC and EURC stablecoins.
Nu Global's integration of stablecoins could accelerate cross-border financial inclusion, challenging traditional banking with seamless, cost-effective transfers. Nu integrates Circle stablecoins USDC and EURC into new global account with fee-free transfers.
Circle revealed that its euro stablecoin (EURC) has now crossed the mark of €400 million in circulation within around four years since it was launched. Although this amount is still insignificant compared to the dollar stablecoins, this gap is part of the overall picture.
EURC's growth highlights the increasing importance of regulatory compliance in stablecoin markets, potentially reshaping euro liquidity dynamics. EURC surpasses €400M in circulation, marking euro liquidity milestone.
MiCA compliance grants Circle and Paxos a competitive edge in the EU, potentially reshaping stablecoin market dynamics and regulatory strategies. Circle executive highlights USDC, USDG, and EURC as top MiCA-compliant stablecoins.
Circle's EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b
Brighty data shows Spain leading EURC retail usage, offering an early look at how euro stablecoins are being used under MiCA.
Regulatory developments in the U.S. are keeping USDC and USDT from dominating.
ClearBank becomes the first Dutch credit institution to receive CASP status under the MiCAR regulation. The entity will integrate Circle's Mint platform to offer regulated access to USDC and EURC stablecoins across the continent. The move aims to bridge the gap between traditional finance and crypto firms requiring access to legal banking channels.
ClearBank has secured MiCAR approval to start offering USDC and EURC services across Europe, opening a new line of business in regulated digital assets.