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euro

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USDC Issuer Circle to Add Solana Support for Euro Coin in 2023
The stablecoin was introduced in June and is backed by a mix of cash and European government debt.
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European Central Bank Press Conference Following Governing Council Meeting
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
Crypto markets reacted calmly to the mammoth rise, but it may presage further aggressive action by central banks
European Central Bank Press Conference Following Governing Council Meeting

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Crypto News Roundup for July 20, 2022
With bitcoin rallying towards $24K and bringing the broader crypto markets up with it, plus a look at how the euro, gold and bitcoin are all connected, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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A digital euro is being explored by the European Central Bank (Shutterstock)
Euro’s Fall Toward $1 Parity: What It Means for Crypto
The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.
A digital euro is being explored by the European Central Bank (Shutterstock)

Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)
USDC Issuer Circle to Introduce Euro-Backed Stablecoin in US
The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.
Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)

(Jeremy Bezanger/Unsplash)
Andreessen Horowitz Leads $5M Bet on Euro Stablecoin Startup Angle
Angle is looking to quell the dollar’s dominance in the stablecoin market.
(Jeremy Bezanger/Unsplash)

(Sonny Ross/CoinDesk)
Is the Dollar Doomed?
In this excerpt from “The Future of Money,” author Eswar Prasad examines the forces – the rise of bitcoin and stablecoins and foreign currency competition – threatening the dollar’s perch as the world’s reserve currency.
(Sonny Ross/CoinDesk)

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Cuáles son las monedas que podrían reemplazar al dólar como principal reserva de valor
La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las finanzas mundiales?
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Ranking the Currencies That Could Unseat the Dollar
The dollar's share of global reserves has declined steadily for years. Will the euro, yuan or bitcoin take its place at the center of global finance?
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Growth in Euro Stablecoins Spurs Dreams of Digital Forex Market
But challenges remain on financing and regulations.
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