โก๏ธ New: Launch of the globally stable $USDG dollar in the European Union with full compliance with MiCA! ๐ช๐บ
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๐ข What's new?
โ The Global Dollar ($USDG) stablecoin has been launched in the European Union.
โ The currency is fully compliant with the European MiCA regulation.
โ Backed by partnerships with giants like Kraken, Robinhood, and Mastercard.
โ Now available to over 450 million consumers in 30 European countries.
โ (The issuer is Paxos).
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๐ก Why is this important?
โ This launch enhances the legitimacy and institutional adoption of stablecoins in Europe.
โ It provides consumers with regulated and secure access to a stable dollar currency.
โ It demonstrates the commitment of major companies to regulatory compliance to scale cryptocurrencies.
โ It contributes to bridging the gap between traditional finance and the crypto economy.
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๐ Forecast:
โ Demand for MiCA-compliant stablecoins in Europe is expected to increase.
โ This development may encourage more partnerships between traditional players and the crypto space.
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โDo you think this launch will increase the use of stablecoins in daily European transactions?
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