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Crypto
Revolut launches euro-pegged stablecoin EURR
Fintech firm Revolut has launched its first euro-pegged stablecoin, EURR. Blockchain outlet U.Today reported that Revolut has joined the ranks of fintech firms issuing their own stablecoins. Revolut said EURR is designed to maintain the same value as 1 euro, providing users an additional payment option and enabling digital euros to be moved on-chain. Revolut said EURR was launched via a subsidiary regulated under MiCA rules.
Crypto
Circle\'s euro stablecoin EURC circulation tops 400 million euros
Circle\'s euro stablecoin EURC has exceeded 400 million euros in circulation four years after launch. Dollar-based stablecoins still dominate, with about 98 percent of total stablecoin value denominated in dollars, while euro-linked stablecoins account for less than 1 percent of the global market. EURC has expanded across multiple blockchains and accelerated in supply growth. Circle links the expansion to the EU\'s MiCA framework, alongside widening integration with Visa, Mastercard and payment firms.
Crypto
XRP retreats to November 2024 levels as spot and derivatives markets tilt to selling
XRP slid as low as $0.99, its lowest level since November 2024, as selling pressure dominated both spot and derivatives markets. Data showed worsening cumulative volume delta on Binance perpetual futures and a shift to negative spot CVD on centralized exchanges. Positioning also leaned bearish, with shorts outnumbering longs. The decline coincided with concern over movements from an XRP Ledger account used for the Coreum bridge, though indicators such as spot XRP ETF inflows remained positive.
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Crypto
XRP slips below $1 for first time since November 2024 despite Ripple positives
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Crypto
Stripe affiliate Bridge wins Luxembourg approval, enters EU MiCA register
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Crypto
Blockchain.com wins Cayman custody licence after MiCA and UK FCA approvals
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Crypto
Only 3 of top 50 stablecoins meet EU MiCA rules, Circle executive says
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Crypto
BNY Mellon subsidiary joins MiCA register as ESMA adds 15 providers
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Crypto
Hong Kong crypto firm HashKey unifies regional exchanges
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Crypto
Trump family\'s crypto business may hinder Clarity Act talks as conflict-of-interest row persists
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Crypto
Russian state bank Sberbank steps up crypto trading infrastructure, aims for Dec. 1
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Crypto
Bitget registers as financial service provider to expand New Zealand business
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Crypto
EU expands ban on Belarus nationals owning crypto service providers
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Crypto
Ripple partners with Notabene, integrates RLUSD into B2B payments platform
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Crypto
Gate Europe CEO says even MiCA-licensed crypto firms may leave EU if they cannot bear costs
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Crypto
ESMA adds 14 CASPs to MiCA register, slowing pace of licence growth
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Crypto
Dutch court declares Knaken bankrupt after 7 million euros in lost customer assets
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Crypto
OKX Europe supports USDT-to-USDC conversion