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.
21 Articles
21 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…
Deutsche Börse and Circle to Collaborate on Stablecoin Integration - Fintech Schweiz Digital Finance News - FintechNewsCH
Deutsche Börse Group and Circle have signed a MoU to explore the use of Circle’s EURC and USDC stablecoins within Deutsche Börse’s financial market infrastructure. The agreement is the first of its kind in Europe and aims to connect token-based payment networks with traditional market structures. The collaboration is supported by the EU’s Markets in Crypto Assets Regulation (MiCAR), the first comprehensive regulatory framework for crypto assets.…
Deutsche Börse Group, Circle Forge A Stablecoin Alliance
Exchange operator and markets infrastructure provider Deutsche Börse Group has signed a deal with global stablecoin issuer Circle Internet Group to integrate Circle’s EURC and USDC stablecoins into Deutsche Börse’s financial market infrastructure. This collaboration aims to bridge traditional finance with token-based payment methods, setting a new precedent for regulated digital finance in Europe. The initiative leverages the recently enacted E…
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