EURC price

AllUnity, a joint venture backed by Galaxy Digital, has received an E-Money Institution (EMI) license from BaFin. This license from the German Federal Financial Supervisory Authority (BaFin) offers AllUnity a path for stablecoin growth. Galaxy Digital-Backed AllUnity to Launch a Euro-Backed Stablecoin Galaxy Digital CEO Mike Novogratz gave the announcement in an X post. The BaFin license would allow AllUnity to issue a fully regulated Euro Stablecoin, EURAU. This will be the first BaFin-regulated stablecoin. It complies with the EU Markets in Crypto-Assets Regulation (MiCAR) framework. It is designed for 24/7 instant cross-border settlements. Upon release, EURAU will be 100% collateralized. Also, it is expected to deliver institutional-grade transparency through proof-of-reserves and regulatory reporting. EURAU is built for regulated financial institutions. Fintechs, Treasuries (ERP), and enterprise clients across Europe can use EURAU to perform seamless transactions following key integrations. Therefore, the stablecoin addresses the critical need for liquidity in the European digital economy. The EMI license allows the fintech startup to set a new standard for utility in regulated environments. This is in addition to accelerating the evolution of the cross-border payments ecosystem. AllUnity partnered with leading industry giants, including DWS, Flow Traders, and Galaxy, for the launch. The Mike Novogratz-backed firm bridges traditional finance and digital assets with its institutional-grade infrastructure and real-time settlement. Image Source: Mike Novogratz on X Alexander Höptner, CEO of AllUnity, wrote: “Securing the EMI license from BaFin is a monumental achievement for AllUnity and a testament to our dedication to regulatory excellence. We are immensely proud to be at the forefront of this innovation, meeting the highest standards of regulation and trust with the support of our esteemed partners.” EURAU Creates a Gateway to Europe The EMI license comes at a crucial time when stablecoins are being increasingly considered reliable to restore financial autonomy in the EU. Experts believe that regulated Euro-backed stablecoins represent a foundational block for the future of the European financial and real economy. They are increasingly gaining recognition in Europe for several reasons. Notably, Euro stablecoins offer a stable alternative for transactions and investments, protecting against fluctuations in the US dollar. Additionally, the MiCA regulation provides a robust framework. This regulation requires 1:1 reserve backing in EU-regulated banks, ensuring transparency and accountability. It, therefore, encourages the adoption of euro-backed stablecoins. Financial players, including Paxos and Deutsche Bank, are entering the European market. Their entry signaled an increasing level of trust from institutional players. Paxos recently introduced the Global-Dollar (USDG) in the EU, compliant with the MiCA regulations. In May, Ripple’s XRP Ledger (XRPL) added EURØP as its first euro-backed stablecoin. Issued by Schuman Financial, EURØP is fully backed 1:1 by euro held in European banks. Stablecoin Regulation in the EU Vs the U.S. The regulation of stablecoins has a different approach in Europe and the United States. It is shaped by differing legal frameworks, priorities, and market dynamics. MiCA has influenced growth in euro-backed stablecoins like EURC, EURS, and EURØP. In contrast, the US lacks a comprehensive federal regulation. However, US senators recently voted in favor of a stablecoin bill, known as the GENIUS Act. This bipartisan bill was co-sponsored by Senators Kirsten Gillibrand and Bill Hagerty. It aims to establish the first federal regulatory framework for stablecoins in the US. On June 17, the U.S. Senate passed the GENIUS Act with a 68–30 vote. The legislation has now moved to the House for approval. If successfully approved, it will move to the desk of President Donald Trump. Considering the President’s disposition towards the industry, this Bill may gain expedited consent should it reach the executive branch. The post Galaxy Digital-Backed AllUnity Secures MiCA License To Drive Stablecoin Growth appeared first on The Coin Republic.

More seamless institutional support for EUR to USDC and EURC via Circle Mint.

Circle Mint Delivers a Powerful Institutional Onramp to @USDC and EURC Circle Mint now supports a near instant euro-to-USDC onramp with competitive FX rates, unlocking value for fintechs and payment service providers across the European Economic Area. A global stablecoin network delivering global value. Circle Mint is where it starts.

📰 News and Market Updates 📰 Just got my beak on some juicy market news. USDC and EURC are making waves in the fintech space with Ivy's integration. Stablecoin adoption on the rise, could be a bullish sign for the market. USDC's market cap is sitting at 61.65 billion with a current price of 0.999904, up 0.59% in the last 24 hours. Volume's down 48.32% though. EURC's market cap is at 205.63 million with a price of 1.18, down 8.83% in the last 24 hours. But the real tea is Standard Chartered's prediction: Bitcoin to hit $135K in Q3 2025. They're calling it, driven by strong ETF and corporate buying. Halving cycle might not be a major concern after all. $BTC

Solana tokens are now live on PancakeSwap, and $ROAM is my top pick! As the leading #DePIN project on Solana, this listing sets it up for major growth. Not just a safe bet—it’s a clear winner. ROAM is available on PancakeSwap V3’s liquidity pool, where users can provide liquidity through the Roam-USDC pair and earn $CAKE tokens.