Quantcast

David Princay: Eurite is 'becoming one of the most traded stablecoins in the Europe ecosystem'

Blockchain Wars: BNB Chain Overtakes Solana and Ethereum in Daily Fees
District Judge on Coinbase lawsuit: Coinbase 'sells digital assets qualifying as "securities" without registering with' SEC
Bitcoin: Michael Saylor and Strategy add 7,633 BTC to their treasury
USDC hits $56.3B market cap, regains losses from bear market
U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report
European Central Bank (ECB) hopes Trump's pro-crypto policy will accelerate digital euro
Chairman of Czech Cryptocurrency Association on new crypto laws: ‘Key part of the future of the Czech economy’
U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral
French crypto entrepreneur on Binance France investigation: 'timing is perfect' to 'secure full cooperation' with crypto tax
Alchemy Pay acquires Korea Electronic Financial Business registration
Bitcoin: El Salvador continues to accumulate BTC
Blackrock Plans to Launch a Bitcoin ETP in Europe: Bloomberg
French crypto entrepreneur on Binance France investigation: 'two days after the Senate vote on unrealized capital gains'
Bitcoin retail sellers send $625M to Binance before 'first cycle top'
Crypto entrepreneur on France's Bitcoin tax: France is 'going down'
ECB cuts rates, does not expect strategic Bitcoin reserves in EU
YZi Labs (formerly Binance Labs) brings $16 million to Sign’s airdrop distribution services
CIF: Congress must act on permanent safeguards against debanking, Chokepoint 2.0
US Crypto Reserve – Bitcoin or XRP: BRICS Has the Power to Affect the US
Tether disappointed with ‘rushed actions’ on MiCA-driven USDT delisting in Europe
Binance Labs rebrands to YZi Labs with new leadership and investment focus
Crypto influencer: Bitcoin's 'design ensures that no single person or entity can control it'
Bitcoin: Crypto market catches its breath after DeepSeek shock
Bitcoin 'extremely bullish' as traders gear up for next BTC price pump
The New SEC Chairman Is Pro-Crypto and Here's Why That Changes Everything
EUCI co-founder: 'A decentralised product will have different legal consequences in different markets'
US: SEC launches crypto task force led by Hester Peirce
ECB member doubles down on digital euro after Trump’s crypto EO: Report
Binance authorized by Uzbek regulator to provide services
Coinbase CEO on transaction delays: 'We were not anticipating this level of surge'
David Princay: Eurite is 'becoming one of the most traded stablecoins in the Europe ecosystem'
Web3/Crypto
Webp untitled design 14
David Princay | https://x.com/davidprincay/photo

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.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Eurite is one of the first Markets in Crypto-Asset (MiCA) regulated European stablecoins issued by Banking Circle S.A., according to the Eurite website. It is pegged 1:1 with the Euro and backed 1:1 in cash by the Euro as well. Being one of the first MiCA-regulated stablecoins, "it ensures compliance with stringent EU standards, enhancing trust, credibility, and confidence for holders." Regulatory compliance with MiCA ensures consumer protection, transparency, and financial stability, reducing legal risks and promoting transparency and safety.

According to LinkedIn, Princay has been the President and General Manager of Binance France since December 2020. He attended Grenoble INP-UGA with Master's degrees in Science and Materials Engineering, Marketing, and Management. Afterwards, he attended HEC Paris and received a specialized degree in Management of Grand Projects. Before becoming President of Binance France, Princay had substantial experience working as a Junior Consultant at MAD Network, Commercial and Marketing Manager at Verseau Paris, and Pre-sales Manager at Gutenberg Technology.

More News

From Bitcoin to Solana: Here’s how major cryptocurrencies moved today – March 29, 2025.

Mar 30, 2025

The Financial Conduct Authority (FCA) announced the refusal of Zeux Limited's application for cryptoasset exchange provider registration under the Money Laundering Regulations (MLRs).

Mar 30, 2025

The National Securities Market Commission (CNMV) has released a list of warnings concerning unregistered financial and cryptocurrency service entities.

Mar 30, 2025

The Commissione Nazionale per le Società e la Borsa (Consob) announced it held a conference discussing the impact of crypto assets and the need to adapt regulatory frameworks to data science.

Mar 30, 2025

The Autorité des Marchés Financiers (AMF) has announced that financial entities, including crypto-asset service providers, are invited to contribute to the European Banking Authority's (EBA) consultation on draft anti-money laundering and...

Mar 30, 2025

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 28, 2025.

Mar 29, 2025