Telcoin, a top-tier Web3 platform merging traditional fintech with decentralized finance (DeFi), has just announced the launch of digital asset trading in the European Union. Starting in Lithuania and gradually expanding to the rest of the EU, the newfeature allows USDC on-ramps and off-ramps, providing a safe, secure and convenient way to trade through DeFi platforms. In addition, users from Lithuania who deposit or withdraw USDC will be able to transfer Euros via SEPA transfer. Deposits are made immediately, and in the event of any failed attempts, users can use SEPA bank deposits.

The Telcoin app also offers direct digital payments from the US and Canada to sixteen additional countries. To protect users and conduct operations in line with regulations, each one must complete a KYC process, verifying their personal details.

The CEO of Telcoin, Paul Neuner, expressed his delight that the company's digital asset rails have now reached Europe, calling it a lucrative opportunity, both in terms of customer growth and providing easy and cost-effective DeFi trading. He believes that self-custody in DeFi can be an genuine advantage if combined with the right regulations and standard fintech.

Telcoin Europe UAB, which provides digital asset exchange services in EU countries, is registered in Lithuania and headquartered in Singapore.



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