Cake Wallet Adds Support For Decentralized Euro Stablecoin

July 3, 2025

, By Cointelegraph

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Cake Wallet added the decentralized stablecoin dEURO to its offerings on Tuesday, expanding its stable of euro-denominated digital assets for users.

The decentralized stablecoin is overcollateralized by other digital assets, including Bitcoin (BTC), Ether (ETH) and Monero (XMR), meaning that to mint the dEURO stablecoin, users must first deposit other cryptocurrencies as collateral.

Overcollateralizing, or depositing cryptocurrency worth more than the value of the asset being borrowed, acts as a shield against data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/how-and-why-do-stablecoins-depeg” title=”null”>de-pegging events, the dEURO team told…

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Cake Wallet Adds Support For Decentralized Euro Stablecoin

July 3, 2025

, Published By Cointelegraph

Cake Wallet added the decentralized stablecoin dEURO to its offerings on Tuesday, expanding its stable of euro-denominated digital assets for users.

The decentralized stablecoin is overcollateralized by other digital assets, including Bitcoin (BTC), Ether (ETH) and Monero (XMR), meaning that to mint the dEURO stablecoin, users must first deposit other cryptocurrencies as collateral.

Overcollateralizing, or depositing cryptocurrency worth more than the value of the asset being borrowed, acts as a shield against data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/how-and-why-do-stablecoins-depeg” title=”null”>de-pegging events, the dEURO team told…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Could Google’s Veo 3 be the start of playable world models?

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