Last week, we informed you about the functionality restrictions regarding stablecoins due to MiCAR coming into effect.
Today, we can share the exciting news that USD Coin (USDC), issued by Circle, is the first major stablecoin to receive the required approval. By achieving MiCAR compliance, USDC now meets the requirements under this robust regulatory standard, ensuring higher transparency, security, and trust for all our users. This means that buying USDC will no longer be restricted.
8% Earn promotion
In addition, to celebrate this news, we are excited to announce an exclusive offer for our customers. For the next three months, we are offering an impressive APY of 8% on USDC within our Earn program. This is a unique opportunity to maximize your earnings with one of the most trusted stablecoins in the market.
How to start Earning
1. Deposit or
buy USDC via your Coinmerce account.
2. Enable Earn and automatically start earning up to 8% APY on your USDC balance.
3. Enjoy the benefits of increased rewards for the next three months, up until the 2nd of October.
Currently, we have restricted some stablecoins because they have not yet received approval from MiCAR. We continuously monitor whether these stablecoins obtain the required approval so that we can make purchasing them possible again in the future.
As soon as we have more information about this, we will let you know as soon as possible.