The exchange has confirmed that EURI trading pairs will be available in both euro and US dollars at 10:00 UTC on August 28th.
Binance, the top cryptocurrency exchange globally, has included Eurite (EURI) in its offerings, which is a new euro-pegged stablecoin.
The exchange announced on Monday that EURI trading pairs will be available in both the euro and US dollar at 10:00 UTC on August 28th.
Binance also announced that EURI trading pairs will have zero trading fees for a limited time.
Created by Banking Circle, Eurite (EURI) is touted as the first euro-pegged stablecoin that is fully compliant with the European Union’s Markets in Crypto Assets Regulation (MiCA). The token is available as both an ERC-20 token on Ethereum and a BEO-20 token on BNB Smart Chain.
According to Daniel Lee, head of Web 3 at Banking Circle:
“Combining cutting-edge technology for the digital asset industry and ensuring compliance with the latest European regulations, Banking Circle can provide stablecoin users with the robust banking service and infrastructure they deserve and make stablecoins accessible to a wider audience wanting 24/7 access to instant payments.
The launch of EURI establishes strong foundations and functionality for Banking Circle that will enable us to launch stablecoins and tokenized money in the future, providing more choice and optionality for the market.”
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