Deutsche Börse Group, one of the leading operators of exchange platforms in Europe, and Circle, the issuer of stablecoins, have signed a Memorandum of Understanding to implement EURC and USDC stablecoins into Deutsche Börse’s financial infrastructure. This collaboration will be the first of its kind in the European market, bringing together a major market infrastructure provider with a global stablecoin issuer.
This is reported by Finway
Implementation of Stablecoins: New Opportunities for the Financial Market
As part of the agreement, innovative solutions for market participants are planned through the integration of tokenized payment networks with traditional financial infrastructure. Importantly, this initiative has been made possible by the MiCA (Markets in Crypto Assets) regulatory framework — the world’s first comprehensive system for regulating the crypto asset market. Circle has become the first major stablecoin issuer to comply with MiCA requirements, confirming its serious intentions to expand its influence in the European market.
In the initial phase, Deutsche Börse and Circle will focus on listing and organizing trading of stablecoins through the 3DX digital exchange by 360T, as well as through the institutional crypto provider Crypto Finance. Both entities are part of Deutsche Börse Group. Additionally, institutional custody of digital assets will be provided on the Clearstream platform, where Crypto Finance acts as a sub-custodian based on German infrastructure.
Deepening the Integration of Digital Assets in Europe
Circle co-founder and CEO Jeremy Allaire emphasized the importance of collaboration for the development of European financial infrastructure:
“Together with Deutsche Börse Group, we plan to advance the use of regulated stablecoins in European market infrastructure — reducing settlement risks, lowering costs, and increasing efficiency for banks, asset managers, and the broader market. As clear regulations come into effect in Europe, the integration of our EURC and USDC stablecoins with reliable platforms will open new products and optimize trading, settlement, and custody processes.”
Stefanie Eckermann, a member of the Executive Board of Deutsche Börse Group responsible for post-trading, highlighted that digital assets can enhance the efficiency, transparency, and security of financial operations, as well as strengthen the competitiveness of European capital markets. She emphasized that the collaboration with Circle is an important step towards integrating stablecoins into a regulated and trusted financial infrastructure.
Thomas Book, the CEO of Deutsche Börse Group for trading and clearing, noted that the company is ideally positioned to connect traditional and digital finance, providing a full cycle of services in the crypto asset space — from trade execution to settlement and custodial services. He stressed that the collaboration with Circle will help ensure access to stablecoins for both experienced and new market participants, creating a unified ecosystem for integrating tokenized payment and monetary solutions in a regulated environment.
It was previously reported that Circle is working on implementing a refund mechanism in cases of fraud or disputes, demonstrating its commitment to protecting users and developing secure financial services.