Stablecoin

<a href="https://bitcoinworld.co.in/binance-pay-banking-circle-euri-stablecoin/" title="Binance Pay Partners With Banking Circle To Integrate EURI Stablecoin" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Binance Pay now accepts <a href="https://bitcoinworld.co.in/binance-announces-plan-to-list-first-mica-regulated-euro-stablecoins-eurite-euri/">EURI stablecoin</a>, Banking Circle’s MiCAR-compliant e-money token.</li> 
 <li style="font-weight: 400">The partnership’s mission is to make digital currencies more accessible and widespread.</li> 
</ul> 
Binance Pay announced a strategic collaboration with Banking Circle to integrate EURI stablecoin into its payment platform.&nbsp; 
This agreement is an enormous advance ahead for Binance Pay, as it becomes the first digital asset trading platform to handle EURI, Banking Circle’s MiCAR-compliant e-money token.&nbsp; 
This connection looks to ease transactions with the EURI stablecoin, making digital currencies more useful in daily financial activity.&nbsp; 
Binance <a href="https://www.binance.com/en/support/announcement/binance-will-list-eurite-euri-and-introduce-euri-zero-trading-fee-promotions-e8c6134371e945df961ae1854e863a62" target="_blank" rel="noopener">recently </a>revealed a zero-fee promotion on certain trading pairs, allowing customers to trade with no costs until further notice. 
<h3 id="span-style-font-weight-400-enhanced-digital-currency-utility-span">Enhanced Digital Currency Utility</h3> 
Starting August 28, 2024, Binance Pay users will be able to transact in EURI, extending the range of available digital currencies for everyday use.&nbsp; 
Jonathan Lim, Global Head of Binance Pay, pointed out the significance of this connection in streamlining and improving the user transaction experience.&nbsp; 
He emphasized the partnership’s significance in driving digital currencies into widespread acceptance and improving financial inclusion. 
Daniel Lee, Head of Web 3 at Banking Circle, praised the collaboration for using their respective fintech strengths to improve the efficiency and security of digital payments. He described the integration of EURI into Binance Pay as a critical step toward greater acceptance of digital currencies. 
On August 26, Banking Circle <a href="https://www.bankingcircle.com/banking-circle-launches-the-first-bank-backed-mica-compliant-stablecoin-euri-0814285" target="_blank" rel="noopener">launched</a> EURI, the first bank-backed MiCA-compliant stablecoin, which is intended to supplement existing payment systems while adhering to severe EU laws.&nbsp; 
As one of the first MiCA-regulated EURO stablecoins, EURI enhances holders’ trust, credibility, and confidence by adhering to consumer protection and transparency standards.&nbsp; 
EURI withdrawals will be available beginning August 29, 2024, though users are encouraged to check the withdrawal page for real-time status updates. 
The merger highlights Binance Pay and Banking Circle’s commitment to expanding the use of digital currencies and enhancing their acceptance in global financial transactions.&nbsp; 
The EURI integration is expected to stimulate innovation and support the global adoption of digital assets.

Binance Pay Partners With Banking Circle To Integrate EURI Stablecoin

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