Euro stablecoins
Coverage of Euro stablecoins in the Nexus archive.
- Euro and USD stablecoins depeg amid ongoing $2.8M StablR exploit
Euro and USD stablecoins have depegged amid a $2.8 million exploit of the StablR protocol. Blockaid suspects the breach originated from a private key compromise in a minting multisig account.
- Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction
Germany’s AllUnity is expanding its euro-backed stablecoin EURAU to the Solana blockchain. This move follows growing demand for euro stablecoins as they gain traction in the market.
- MiCA has made euro stablecoins safe but weak, new report argues
A new Blockchain for Europe report argues that the MiCA regulation has enhanced the safety of euro stablecoins but reduced their competitiveness. The report calls for targeted reforms in reserves and remuneration to address the issue.
- French minister urges banks to expand euro stablecoins, tokenized deposits: report
The French minister has urged European banks to expand euro stablecoins and tokenized deposits as the dollar-pegged stablecoin supply exceeds $300 billion. The push aims to promote euro-based digital assets amid growing global reliance on U.S. dollar-linked stablecoins.
- France's finance minister calls for more euro stablecoins in sign of government policy shift
France's finance minister, Bruno Le Maire, has called for increased adoption of euro-backed stablecoins, signaling a potential government policy shift to support digital currency integration. This move aims to enhance financial innovation while maintaining stability within the eurozone.