Crypto Pro Updates
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πŸ™‹β€β™‚οΈ Instant payments startup Ivy said it has added access to #USDC and #EURC. coindesk
πŸ“ˆ #EURC supply in Moonwell is on the rise, increasing by more than 57% in the past month. sentora
πŸ’³πŸ€ #USDC #EURC Mastercard expands partnership with Circle to transform digital settlement for merchants and acquirers in region. mastercard.com
πŸ‡ͺπŸ‡Ί #USDC #EURC Deutsche BΓΆrse and Circle will explore the use of USDC and EURC in European financial markets. coindesk
πŸ‡©πŸ‡ͺπŸ’Ά Deutsche BΓΆrse has integrated its third regulated euro stablecoin, #EURAU from AllUnity. This follows the previous integrations of #EURC from SocGen and #EURCV from Circle. #stablecoin
✏️ In a report by Decta, the market capitalization of euro-denominated stablecoins doubled one year after the June 2024 rules took effect. #EURS, #EURC and #EURCV led the growth. Monthly transaction volume grew from $383 million to $3.8 billion (~9x).
Despite this, euro-stablecoins have a capitalization of ~$680 million, well below the $300 billion of US dollar pegged stablecoins. coindesk