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🚨Expansion coinbase expands its institutional services in Europe in partnership with Spiko 👀
Coinbase announced a new partnership with Spiko that allows European institutions to enter and exit instantly using stablecoins when investing in UCITS funds 🔥
Under this partnership, Spiko funds become the first UCITS funds in Europe to accept payments using:
• $USDC 💵
• EURC 💶
This step aims to:
• Accelerate subscription and redemption processes in funds
• Reduce reliance on traditional bank transfers
• Enhance the use of stablecoins in regulated financial services
This partnership is seen as a new step towards integrating stablecoins within the European financial system, as their use continues to expand in regulated investment products 🌐
It seems that stablecoins are playing an increasing role in traditional finance... not just in crypto 👀
#SKHynixTopsKOSPIByMarketCap
#GateCompletesDividendDistribution
#GateCompletesDividendDistribution