Deutsche Börse Group has signed a memorandum of understanding (MoU) with Circle Internet Group to explore using Circle’s EURC and USDC stablecoins in its financial market infrastructure.
The agreement between Deutsche Börse Group and Circle Internet Group regarding Circle’s EURC and USDC stablecoins marks the first partnership between a major European market infrastructure provider and a global stablecoin issuer. It seeks to support the regulated use of stablecoins in Europe. The initiative would help reduce settlement risk, lower costs and improve efficiency - Jeremy Allaire The partnership falls under the EU’s new Markets in Crypto Assets