US EditionCRCL Surges As Circle To Cooperate With Deutsche Börse On Stablecoin Adoption In Europe - Circle Internet Group (NYSE:CRCL)
Deutsche Börse and Circle plan to reduce settlement risk and costs by integrating USDC and EURC stablecoins into Europe's regulated financial market infrastructure.
- On Tuesday, Deutsche Börse Group signed a Memorandum of Understanding with Circle Internet Group to bring regulated stablecoins EURC and USDC into Europe’s financial market infrastructure.
- Circle's MiCA compliance enabled the partnership with Deutsche Börse, as Circle Internet Group was the first global issuer to secure EU Markets in Crypto-Assets Regulation compliance.
- Listing and trading will begin on 360T digital exchange and its 3DX platform and via Crypto Finance, while Clearstream will provide custody using Crypto Finance’s German entity as sub-custodian.
- Integrating regulated stablecoins aims to lower settlement risk and cut costs for institutions, Deutsche Börse and Circle say this will improve efficiency for banks, asset managers and investors.
- With euro stablecoins still small versus dollar tokens, the move faces scale and policy headwinds as the European Systemic Risk Board passed a recommendation last week and Deutsche Börse Group’s Crypto Finance and Clearstream collaboration commenced earlier this year.
17 Articles
17 Articles
CRCL Surges As Circle To Cooperate With Deutsche Börse On Stablecoin Adoption In Europe - Circle Internet Group (NYSE:CRCL)
Circle Internet Group Inc. (NYSE:CRCL) is up to $137.80 in pre-market trading on Tuesday as the company announced a memorandum of understanding with Deutsche Börse Group (OTCPK: DBOEY) aimed at expanding stablecoin adoption across European capital markets. Circle Strikes High-Stakes Deal With Deutsche Börse The agreement connects Circle's USDC (CRYPTO: USDC) and EURC with Deutsche Börse's platforms, including its 360T and 3DX exchanges, institut…
TradFi Giant Deutsche Börse Taps Circle for Major European Stablecoin Push
Deutsche Börse Group has signed a Memorandum of Understanding (MoU) with Circle Internet Financial to integrate regulated stablecoins into European capital markets. According to the announcement , the collaboration will focus on Circle’s USDC and EURC, connecting token-based payment networks with tr...
Circle partners Deutsche Börse for Europe stablecoin adoption
Circle, a stablecoin issuer, has collaborated with Deutsche Börse, an international exchange organization, to facilitate stablecoin adoption in Europe. Circle confirmed the development in a joint announcement with Deutsche Börse on Tuesday. It’s worth noting that this first-ever collaboration between the leading European market infrastructure provider and Circle marks significant milestones for regulated digital finance in Europe. The duo also …
Deutsche Börse Group And Circle Partner To Advance Stablecoin Adoption In Europe - FinanceFeeds
Deutsche Börse Group and Circle Internet Group (“Circle”) have announced a landmark collaboration to bring Circle’s EURC and USDC stablecoins into Deutsche Börse’s financial market infrastructure. The partnership, formalized through a Memorandum of Understanding (MoU), marks the first collaboration between a leading European market infrastructure provider and a global stablecoin issuer. Regulated Path for Stablecoins in Europe The initiative is …
Bitcoin.com
Bitcoin Ethereum NewsDeutsche Börse Teams With Circle as Stablecoins Push Into Core Euro Markets
Europe is taking a massive leap toward regulated digital finance as Circle and Deutsche Börse join forces to embed stablecoins into core market infrastructure. Circle’s USDC and EURC Take Aim at Legacy Systems Via Deutsche Börse Global integration of digital assets into regulated markets is gaining momentum, with Europe emerging as a central hub for […]
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