As MiCA rules go into effect as of July 1st, the usage of Euro stablecoins is on the rise. While Euro stablecoins is far smaller than the dollar-based stablecoin marketplace, Euro stablecoins have jumped by 128% so far this year or from $295.6 million to… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged decta, euros, stablecoins
JP Morgan (NYSE: JPM) has started Euro-denominated blockchain-based payments for corporates. As first reported by Bloomberg, JPMorgan processed more than $300 billion since the system went live. JPMorgan Chase & Co. has been able to successfully expand one of the most notable initiatives that aims… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged digital financial services, digital payments, digital transactions, euros, financial services, fintech adoption, fintech trends, germany, jpmorgan, siemens, virtual payments
Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, announced an integration with the single euro payments area (SEPA) network, allowing members the seamless movement of funds in Euros (EUR). First introduced in 2008 and comprising 36… Read More
Read more in: Fintech, Blockchain & Digital Assets, Global | Tagged banking, bitcoin, crypto-assets, digital assets, digital currency, digital financial services, europe, euros, financial services, fintech adoption, fintech trends, integration, private bank, stablecoin, stablecoins, Traditional Banking, virtual currencies, Xapo, xapo bank
Circle Internet Financial, a global internet finance firm and issuer of USD Coin (USDC), announced that it is preparing “to issue a fully-reserved, euro-pegged stablecoin from the United States called Euro Coin (EUROC).” Available June 30, Euro Coin is “a regulated, euro-backed stablecoin issued under… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged circle, Circle Internet Financial, euroc, euros, jeremy allaire, stablecoin, stablecoins
Bottlepay, an international payments app provider, has introduced its services across Europe, enabling clients to perform instant, cost-effective cross-border transactions with Euros and Bitcoin (BTC). The Bottlepay app leverages the Lightning Network (LN), a layer-2 Bitcoin payments scalability solution, in order to conduct faster transfers…. Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged bitcoin, bottlepay, btc, btc transactions, cross-border payments, crypto payments, europe, euros, fintech apps, international payments, Lightning Network, ln, pete cheyne, pound sterling, uk, united kingdom
Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it started offering cash and stablecoin loans to users in Spain. Accoridng to the platform, the loans are starting at just 4.95% per year and are claimed to represent the lowest cost available anywhere… Read More
Read more in: Blockchain & Digital Assets | Tagged celsius network, euros, loans, spain, stablecoins
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