Catenaa, Monday, October 06, 2025- Deutsche Börse Group has signed a memorandum of understanding with Circle Internet Financial to integrate regulated stablecoins into Europe’s capital markets, a first-of-its-kind step for the region’s financial sector.
The deal will focus on Circle’s USDC and EURC tokens, linking token-based payment networks with traditional infrastructure under the European Union’s new Markets in Crypto-Assets Regulation.
Trading will launch through Deutsche Börse subsidiaries 360T and Crypto Finance, with custody provided by Clearstream.
Circle co-founder Jeremy Allaire said the collaboration will cut settlement risk and costs while boosting efficiency for banks and asset managers.
Deutsche Börse executives said stablecoins could transform securities issuance and post-trade processes, positioning the group at the forefront of digital market integration.
Circle secured a key breakthrough in July by becoming the first stablecoin issuer licensed as an Electronic Money Institution under MiCA, authorizing issuance of USDC and EURC across the bloc.
Allaire described the framework as paving the way for mainstream adoption.
Meanwhile, nine major European banks, including ING, UniCredit and CaixaBank, announced plans for a euro-backed stablecoin to debut in late 2026. The project aims to reduce reliance on dollar-pegged tokens, which dominate global supply.
The European Central Bank is separately advancing its digital euro, with a potential rollout by 2029.
Together, these moves mark Europe’s bid to secure autonomy in digital payments and limit dependence on non-EU stablecoin issuers.
