Euro stablecoins are 0.15% of the market. Here’s how Europe catches up

Deutsche Börse has announced the integration of regulated euro and dollar stablecoins from Societe Generale into its core market systems. This move enhances the exchange's settlement and collateral tools, reflecting a growing trend towards the adoption of stablecoins in traditional finance. The inclusion of these stablecoins is expected to facilitate more efficient trading and settlement processes within the European financial markets.

Alibaba and JPMorgan are launching tokenized deposit rails for global B2B payments, significantly reducing transaction settlement times from days to nearly instant. These deposit tokens, which maintain funds within the banking perimeter while utilizing blockchain technology for speed, will enhance wallet infrastructure to manage various digital currencies. The Best Wallet combines a non-custodial, multi-chain wallet with a DEX aggregator and other features, allowing token holders to benefit from lower fees and increased staking yields.

Dogecoin has experienced a fresh decline, dropping below the $0.180 mark against the US Dollar. The cryptocurrency is currently correcting some losses but may face resistance near $0.1650. A bearish trend is evident as the price trades below both the $0.170 level and the 100-hourly simple moving average, indicating potential for further losses if it remains below these key levels.