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Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe

  • On July 1, 2025, Paxos introduced its Global Dollar stablecoin for availability throughout the European Union market.
  • This expansion follows new EU crypto regulations under MiCA, with Paxos acquiring Finland's Membrane Finance to operate across Europe.
  • USDG is fully compliant with EU’s Markets in Crypto-Assets regulation, regulated by Finland’s FIN-FSA and Singapore’s MAS, and is available via platforms like Kraken and Gate.
  • Walter Hessert of Paxos highlighted that USDG is a MiCA-compliant, fully regulated USD stablecoin now launched in the European Union, reflecting the company’s dedication to providing global digital assets under strict regulatory oversight.
  • The launch comes amid rapidly increasing interest in compliant stablecoins across Europe and connects more than 450 million consumers through an extensive network of industry partners.
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Allunity, the project of the fund company DWS, is the first issuer to receive an EMI license from the German financial supervisory authority Bafin. Thus, the first cryptocurrency, whose value is linked to the euro, can come to Germany.

·Frankfurt, Germany
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PR Newswire broke the news in United States on Tuesday, July 1, 2025.
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