Overview

• Deutsche Börse Group and Circle signed a memorandum of understanding to explore integrating EURC and USDC into the exchange operator’s regulated systems.
• The rollout would start with listing and trading on 360T’s digital venue 3DX and via Crypto Finance, with custody provided by Clearstream using Crypto Finance’s German unit as sub-custodian.
• The companies framed the agreement as the first tie-up between a major European exchange operator and a global stablecoin issuer.
• Circle CEO Jeremy Allaire said the goal is to cut settlement risk and costs while improving operational efficiency for banks and asset managers.
• The effort remains exploratory and subject to technical integration and regulatory processes, building on the EU’s MiCA framework and a broader upswing in European stablecoin initiatives.