New Stablecoin from Circle
03
Jul, 2024

New Stablecoin from Circle

The new legislation of the European Union for cryptos, under MiCA has brought new data to the market.

 

So Circle got the license to issue electronic money from France, with the aim of issuing a stablecoin through the exchange.

 

This is the first company to enter the MiCA licenses and more companies are expected to enter this process.

 

This is the second attempt that Coinbase has made along with Circle as in 2018 they released USDC, which is currently number 2 stablecoin in capitalization with about $32 billion.

 

The first, Tether, still holds the top spot at $112 billion and that's not going to change anytime soon.

 

We look forward to seeing the utility of the new stablecoin in Europe……

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Ioannina, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).