{"id":43647,"date":"2024-12-19T04:39:15","date_gmt":"2024-12-19T04:39:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tether-invests-in-stablr-to-advance-european-stablecoin-adoption\/"},"modified":"2024-12-19T04:39:15","modified_gmt":"2024-12-19T04:39:15","slug":"tether-invests-in-stablr-to-advance-european-stablecoin-adoption","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tether-invests-in-stablr-to-advance-european-stablecoin-adoption\/","title":{"rendered":"Tether Invests in StablR to Advance European Stablecoin Adoption"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Tether, a global leader in the stablecoin market, has invested in StablR, a European stablecoin provider focused on institutions and merchants. This partnership aims to accelerate the adoption of stablecoins in Europe by offering compliant and flexible liquidity solutions.<\/p>\n<p>The European stablecoin market, currently valued at nearly $400 million for euro-pegged stablecoins, is gaining momentum. Regulatory clarity from the EU\u2019s MiCA framework, set to take full effect on December 30, 2024, ensures stricter compliance, further boosting market confidence.<\/p>\n<h2>Compliance and Innovation<\/h2>\n<p>StablR\u2019s stablecoins, EURR and USDR, are fully backed and designed to meet the needs of financial institutions, businesses, and retail users. With an Electronic Money Institution (EMI) license granted by the Malta Financial Services Authority, StablR adheres to strict compliance standards.<\/p>\n<p>The company utilizes Tether\u2019s tokenization platform, Hadron, to streamline the tokenization of assets, including stocks, commodities, and stablecoins. Hadron provides tools for compliance, such as Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) protocols, along with secondary market monitoring.<\/p>\n<p>Paolo Ardoino, Tether\u2019s CEO, commented:<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cThe European stablecoin market is rapidly evolving and poised for further growth. Tether is proud to support initiatives like StablR that align with our vision for fostering compliance, innovation, and accessibility. This investment underscores our commitment to strengthening the European digital asset ecosystem.\u201d<\/em><\/p>\n<h2>Expanding Reach<\/h2>\n<p>StablR\u2019s EURR and USDR tokens are compatible with Ethereum and Solana, enabling seamless transactions. With plans to expand across additional networks using Hadron, StablR aims to enhance liquidity and accessibility within the blockchain ecosystem.<\/p>\n<p>Gijs op de Weegh, StablR\u2019s CEO, said:<\/p>\n<p><em>\u201cWe\u2019ve seen an incredible surge in the global stablecoin market, with a record-breaking $190 billion market cap last month. StablR has been focused on delivering unmatched compliance, liquidity, and flexibility for institutions and merchants. With support from our new investors, we are ushering in a new era for stablecoins.\u201d<\/em><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/tether-invests-in-stablr\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Tether, a global leader in the stablecoin market, has invested in StablR, a European stablecoin provider focused on institutions and merchants. This partnership aims to accelerate the adoption of stablecoins in Europe by offering compliant and flexible liquidity solutions. The European stablecoin market, currently valued at [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":43648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43647"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=43647"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/43648"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=43647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=43647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=43647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}