🧐🪙 At the end of August, the first token tied to the euro will appear

In the European Union, the first stablecoin tied to the euro, which meets the requirements of MiCA, appeared. Luxembourg-headquartered European payments bank Banking Circle has launched the first MiCA-compliant crypto-asset regulated EURI stablecoin.

EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin issued and backed by a bank in the EU. The stablecoin will be sold on the largest crypto exchange Binance from August 28. Later, EURI will appear on other exchanges as well.