Circle launches stablecoin on Avalanche blockchain
Sponsored
Sponsored
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
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the... [[ This is a content summary only. Visit my website for full links, other content,…
The euro is the second-largest currency in the world, but has no major stablecoin nowadays Circle’s EUROC is a step in the right direction, experts say, but it will take a while until it becomes... [[ This is a content summary only. Visit my website for full links, other content,…
The euro is the second-largest currency in the world, but has no major stablecoin nowadays Negative interest rates have held euro stablecoins back, but the ECB’s move to raise interest rates may... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…