David Princay, President of Binance France, said that Eurite has quickly become one of the most traded stablecoins in the European ecosystem, signaling a step forward for blockchain innovation in Europe. Princay shared his statement in a September 6 post on X.
"One week after its launch Eurite already reached the symbolic 100 million daily volume, becoming one of the most traded stablecoin in Europe ecosystem," said Princay, President, Binance France. "It is the beginning of a success! It is the the first step of a keystone moment inside blockchain and Europe! We can expect many more innovations and new products linked to Eurite in the next coming weeks and you'll be sure to see us push it to the maximum!"
According to the European Commission, "The EU wants to be a leader in blockchain technology, becoming an innovator in blockchain and a home to significant platforms, applications and companies." The European Commission is a strong supporter of policy, legal and regulatory frameworks, as well as funding fronts for blockchain in Europe.