ICYMI: As of today, @coinbase is notifying European users of the restriction of stablecoins that don’t meet MiCA requirements 🇪🇺

On #Algorand, two options are fully MiCAR-compliant and can be legally used in the EEA by 450 million people:

1️⃣ $USDCa from @circle

#Algorand is among the few non-EVM chains chosen by @circle to support USDC natively.

$USDCa benefits from instant transaction finality and extremely low fixed fees and is supported on all major CEXs.

2️⃣ $EURD from @Quantoz

Quantoz is one of the few crypto companies in Europe with an EMI license, allowing it to issue electronic money legally in Europe.

@Quantoz is fully regulated by the Dutch Central Bank, one of the most picky European central banks!

$EURD is not just a simple stablecoin but an EMT, meaning it is not subject to any volatility (1 $EURD always = 1€).

It’s a real digital and programmable Euro, exclusively issued on $ALGO, which the Dutch Central Bank has recognized as fit to support a digital Euro 💶