Euro – Dec LM

Circle’s EURC Stablecoin Surges 43% to Record Supply as Dollar Troubles Fuel Demand

Circle’s euro-backed stablecoin, EURC, surged to a record supply as mounting U.S. trade tensions and a weakening dollar likely fuel demand for euro-denominated digital assets. EURC's supply grew 43%...

Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says

The chief economist at the European Central Bank (ECB), Philip Lane, said Europe needs a digital euro to counter the foothold that dollar-linked stablecoins and U.S. electronic payments systems...

Tether Invests in MiCA-Compliant Stablecoin Issuer StablR

The crypto company behind USDT, the largest stablecoin, decided to shutter its own euro-pegged stablecoin and back smaller issuers that comply with the EU's MiCA regulations.

EU’s Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time

The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.

EU’s MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

Tether’s USDT Gets Delisted on Crypto Exchange OKX for EU Users

The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be...

European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use

The bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain

Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.

Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says

EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel told CoinDesk.

UK Lawmakers Urge Lower Digital Pound Holding Limits

They also want the government to tweak plans to make müddet the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.