Binance Pay and Banking Circle S.A.: EURI payment processing available

Binance Pay and Banking Circle S.A.: EURI payment processing available

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by Giorgi Kostiuk

2 years ago

Made with AI

  1. Binance Pay and Banking Circle Agreement
  2. Pioneering EURI Support on Binance Platform
  3. Statements from Leaders

    4. The cutting-edge payments bank Banking Circle S.A. and leading cryptocurrency contactless payment technology Binance Pay have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Users can now easily deal with this stablecoin, increasing the utility of digital currencies in everyday financial transactions.

    Binance Pay and Banking Circle Agreement

    On August 28, 2024, Binance became the first digital asset trading platform to support EURI, Banking Circle’s inaugural e-money token that complies with Markets in Crypto-Asset Regulation (MiCAR).

    Pioneering EURI Support on Binance Platform

    The integration of EURI into Binance Pay made it possible to easily handle this stablecoin, thereby increasing the convenience of digital currencies for everyday transactions.

    Statements from Leaders

    At Binance Pay, we are committed to enhancing our payment system to simplify and improve the daily transaction experience for our users. The integration of EURI is a significant step towards transforming digital currencies into a mainstream payment method, thereby fostering greater financial inclusion and driving innovation across the global payments landscape - Jonathan Lim, Global Head of Binance Pay.

    Our cooperation with Binance Pay allows us to leverage our strengths in financial technology to enhance the efficiency and security of digital payments. The introduction of EURI into Binance Pay’s ecosystem is a key step towards broader adoption of digital currencies - Daniel Lee, Head of Web3 at Banking Circle.

    Through this partnership, Binance Pay and Banking Circle demonstrate their shared commitment to promoting the wider acceptance and usage of digital currencies in everyday financial transactions.

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