europe 706 crypto positive
Stellar Development Foundation (SDF) and Circle have announced the integration of EURC on the Stellar network, allowing businesses and developers to use a digital representation of Euro. This integration is expected to facilitate near-instant transfers, spending, holding, and trading around the globe with minimal costs. Latin American crypto company Ripio has adopted EURC on Stellar, extending its footprint to Europe. This integration is projected to swiftly meld into bulk disbursement and cash assistance frameworks, thereby expediting digital aid delivery to individuals ensnared in crisis, transparently and affordably. The collaboration between Stellar and Circle is expected to redefine European remittance corridors, cross-border payments, treasury management, and aid disbursement. This integration is a harbinger of a more equitable global financial system, unlocking real-world utility and ushering in a new epoch of digital financial innovation.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries
Sentiment positive
Relevance Score 10
People Circle’s VP, Product Management, Rachel Mayer
Companies None, Circle, [name of the system], Stellar Development Foundation, Ripio
Currencies USDC, Ethereum, EURC, Bitcoin, Euro
Securities None

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