Circle launches stablecoin on Avalanche blockchain Circle has announced that its euro-pegged stablecoin Euro Coin (EUROC) is backed by the Avalanche ecosystem. This will allow any EUROC transactions to be made between the Avalanche and Ethereum networks. EUROC stablecoin appeared in 2022. It was originally issued as an ERC-20 token on the Ethereum blockchain. The developers promised that it will provide faster and more efficient trading in the foreign exchange market, as well as increased access to the euro around the world. By data Etherscan currently has about 47.11 million EUROC in circulation. The company announced on Twitter that EUROC
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Author: NixCoin