CryptoProcessing by CoinsPaid has added to its payment ecosystem Circle’s EURC — a euro-backed stablecoin compliant with the MiCA framework. The update enables European merchants and institutions to accept fully regulated crypto payments.
CryptoProcessing by CoinsPaid, one of the most widely used crypto payment solutions, announced the integration of EURC into its infrastructure. The addition provides clients and merchants with access to stable on-chain settlements without FX volatility and in full alignment with European regulatory standards.
Euro Coin (EURC) is a fully euro-backed stablecoin issued by Circle on a 1:1 fully reserved model. The asset meets MiCA requirements thanks to Circle’s Electronic Money Institution (EMI) license granted by the French Autorité de Contrôle Prudentiel et de Résolution (ACPR) in July 2024. EURC is available on the Ethereum, Solana, and Base networks.
According to Aliaksei Tulia, Chief Technical Officer at CoinsPaid, EURC is a reliable settlement instrument within the eurozone, and its integration provides a regulated alternative to USD-denominated stablecoins. “Whether it’s e-commerce, travel, or iGaming, we’re making crypto payments as seamless and familiar as any modern payment method,” he noted.
The integration supports CryptoProcessing by CoinsPaid’s broader strategy to strengthen the future of digital payments in Europe. The solution offers businesses payment instruments that combine regulatory compliance, stability, and transaction speed.
It is also worth noting that EURC expands the list of fully regulated, fiat-backed stable assets available within the CryptoProcessing by CoinsPaid infrastructure. Earlier, the company added support for Paxos’ Global Dollar (USDG).
