EURC
4,382 views
14 Posts
Hot
Latest
**EURC Trading Gains Traction** đ¶đ±: Patrick Hansen, Circle's head of EU regulation, shares that the weekly trading volume of the euro-based stablecoin EURC is around $16 million. While it lags behind the USD trading volume, interest in euro stablecoins is on the rise, offering a bridge between cryptocurrency and traditional finance. đđ #EURC #Stablecoins #cryptocurrency đđč
Is EURCâs Expansion to Stellar Adding More Euro-Backed Stablecoin Choices? đ
Circle has introduced a Stellar network version of #EURC , a euro-backed stablecoin.
Previously only on Ethereum and Avalanche, this expansion offers Eurozone residents more blockchain options in their local currency.
Ripio, a crypto payment provider, now supports EURC on #Stellar , enabling users in Spain to deposit and withdraw EURC. This move aims to encourage crypto adoption for Spanish users.
With stablecoins becoming essential in #Web3 , this expansion provides increased accessibility for euro-backed crypto transactions.
#Binance
#crypto2023
Circle has introduced a Stellar network version of #EURC , a euro-backed stablecoin.
Previously only on Ethereum and Avalanche, this expansion offers Eurozone residents more blockchain options in their local currency.
Ripio, a crypto payment provider, now supports EURC on #Stellar , enabling users in Spain to deposit and withdraw EURC. This move aims to encourage crypto adoption for Spanish users.
With stablecoins becoming essential in #Web3 , this expansion provides increased accessibility for euro-backed crypto transactions.
#Binance
#crypto2023
#Circle has renamed its stablecoins to #USDC and #EURC The company announced the official name change for its USD Coin and Euro Coin to USDC and EURC, respectively. These new names align with the ticker symbols of the stablecoins. Circle stated that they would gradually phase out the old names USD Coin, Euro Coin, and EUROC.
Circle's mission is to enhance global economic prosperity through seamless value exchange, and they believe that the names of their stablecoins should reflect this ease.
According to the press release, existing addresses will remain the same, and no new tokens need to be introduced. USDC is issued by the Centre consortium, which includes Circle and the Bitcoin exchange Coinbase. It is the second-largest stablecoin by market capitalization, following #Tether (USDT), with a market cap of $25.7 billion.
In August, Circle announced the launch of USDC on six new #networks Base, Cosmos (via Noble), NEAR, Optimism, Polkadot, and Polygon. $USDC
Circle's mission is to enhance global economic prosperity through seamless value exchange, and they believe that the names of their stablecoins should reflect this ease.
According to the press release, existing addresses will remain the same, and no new tokens need to be introduced. USDC is issued by the Centre consortium, which includes Circle and the Bitcoin exchange Coinbase. It is the second-largest stablecoin by market capitalization, following #Tether (USDT), with a market cap of $25.7 billion.
In August, Circle announced the launch of USDC on six new #networks Base, Cosmos (via Noble), NEAR, Optimism, Polkadot, and Polygon. $USDC
#EURC #USDC #cryptonews #crypto2023 #BinanceSquare
$EURC $USDC
đą Circle\'s USDC and EURC Stablecoins Get a Major Upgrade with v2.2
đŁïž Circle, the issuer of USD Coin (USDC), has announced a significant upgrade to its stablecoin, aiming to enhance usability and security. The upgrade, known as v2.2, introduces several improvements, including account abstraction, enhanced security, and lower gas fees.
đšâđ©âđ§ JOIN me to learn how to EARN with trading and get the FASTEST crypto news
â€ïž Don't forget to LIKE the post - it's the best support for me
$EURC $USDC
đą Circle\'s USDC and EURC Stablecoins Get a Major Upgrade with v2.2
đŁïž Circle, the issuer of USD Coin (USDC), has announced a significant upgrade to its stablecoin, aiming to enhance usability and security. The upgrade, known as v2.2, introduces several improvements, including account abstraction, enhanced security, and lower gas fees.
đšâđ©âđ§ JOIN me to learn how to EARN with trading and get the FASTEST crypto news
â€ïž Don't forget to LIKE the post - it's the best support for me
đ” Circle earns license to issue #USDC and #EURC under Europe's MiCA regulatory framework
Circle has become licensed and approved to issue stablecoins under the Markets in Crypto Assets (MiCA). Circle is the first global stablecoin issuer to become compliant with MiCA effective July 1, CEO Jeremy Allaire said in a Paris-based press conference. Circle will be able to issue its stablecoins USDC and EURC under the regulatory framework.
Source
đ Best Crypto News
Circle has become licensed and approved to issue stablecoins under the Markets in Crypto Assets (MiCA). Circle is the first global stablecoin issuer to become compliant with MiCA effective July 1, CEO Jeremy Allaire said in a Paris-based press conference. Circle will be able to issue its stablecoins USDC and EURC under the regulatory framework.
Source
đ Best Crypto News
đ #Kaiko report:
âȘïž Since June 30, #EURC and $USDC Circle have shown the strongest growth in daily trading volume, after the speech due to the regulations MiCA;
âȘïž âNon-compliant stablecoinsâ currently dominate the market;
âȘïž There has been an increased use of #USDC for settlements on perpetual futures;
âȘïž #BCH liquidity is rapidly decreasing after #MtGox payouts start.
âȘïž Since June 30, #EURC and $USDC Circle have shown the strongest growth in daily trading volume, after the speech due to the regulations MiCA;
âȘïž âNon-compliant stablecoinsâ currently dominate the market;
âȘïž There has been an increased use of #USDC for settlements on perpetual futures;
âȘïž #BCH liquidity is rapidly decreasing after #MtGox payouts start.
Circle is introducing its euro-backed stablecoin, EURC, to the Base platform, enabling faster and cheaper commerce with a digital currency backed by the euro for global users.
#Circle #BTC_Bounce_Back_to_57k #EURC #SOFR_Spike #BinanceTurns7
#Circle #BTC_Bounce_Back_to_57k #EURC #SOFR_Spike #BinanceTurns7
EuCircle Brings EURC To Base Boosting Stablecoin Adoption đš
The stablecoin giant Circle has once again made global headlines by revealing plans to introduce EURC, its first euro-backed stablecoin, to Base, an L2 (layer 2). This mover comes as an effort to jack up developers in delivering faster and cheaper commerce with a euro-backed digital currency for global users.
Notably, EURC now joins USDC, the largest stablecoin on the Base network that boasts a $3 billion circulation as of July 9. Base is a layer two blockchain brought by Coinbase to enhance Ethereumâs scalability and speed.
Base Welcomes EURC
In compliance with the new MiCA (Markets in Crypto Assets) regulation, Circle becomes the first global stablecoin issuer to bring EURC and USDC to Base. The introduction of EURC primarily brings the trust and compliance needed for a euro equivalent on-chain. Concerning this, Circle appears to have made monumental strides with the introduction of USDC last year and now EURC.
The introduction of the abovementioned stablecoins on Base brings a plethora of benefits. These include regulated, fully reserved, and redeemable 1:1 coins for euros and dollars, respectively. Further, the integration enables institutional on/off-ramps like Circle Mint for qualified businesses.
Simultaneously, the stablecoin amalgamation also offers retail access to Coinbaseâs global on and off-ramp network. Moreover, t use cases include cross-border payments with near-instant settlements for international remittances, peer-to-peer payments, and marketplace payouts at a minimal cost, among many others.
#EURC #Europe #BinanceTournament
The stablecoin giant Circle has once again made global headlines by revealing plans to introduce EURC, its first euro-backed stablecoin, to Base, an L2 (layer 2). This mover comes as an effort to jack up developers in delivering faster and cheaper commerce with a euro-backed digital currency for global users.
Notably, EURC now joins USDC, the largest stablecoin on the Base network that boasts a $3 billion circulation as of July 9. Base is a layer two blockchain brought by Coinbase to enhance Ethereumâs scalability and speed.
Base Welcomes EURC
In compliance with the new MiCA (Markets in Crypto Assets) regulation, Circle becomes the first global stablecoin issuer to bring EURC and USDC to Base. The introduction of EURC primarily brings the trust and compliance needed for a euro equivalent on-chain. Concerning this, Circle appears to have made monumental strides with the introduction of USDC last year and now EURC.
The introduction of the abovementioned stablecoins on Base brings a plethora of benefits. These include regulated, fully reserved, and redeemable 1:1 coins for euros and dollars, respectively. Further, the integration enables institutional on/off-ramps like Circle Mint for qualified businesses.
Simultaneously, the stablecoin amalgamation also offers retail access to Coinbaseâs global on and off-ramp network. Moreover, t use cases include cross-border payments with near-instant settlements for international remittances, peer-to-peer payments, and marketplace payouts at a minimal cost, among many others.
#EURC #Europe #BinanceTournament
đđđčđ đđŹ, đźđŹđźđ°Â Â
âĄïž BREAKING : #CBOE Global Markets has submitted a request to the U.S. đșđž SEC to list #Solanađ° spot ETFs. A decision is needed by March 2025.
âœïž Messiâs recent Instagram support for $WATER đŠ coin, a project aiming to raise awareness about water issues.
$WATER is from the same team behind $BEER coin, which crashed 80% after listing.
đ° Circle introduces Euro stablecoin #EURC to Base.
Circle announces EURC as the first euro-supported stablecoin on Baseđ°, complying with new #MiCA regulations.
đ° TON Blockchain Will Release New Layer-2 Based On Polygonâs đ°Technology.
The new protocol, called the #TON Applications Chain (TAC), will make use of #Polygon 's Chain Development Kit (CDK), as well as their AggLayer.
đ° USDC Treasury mints 250 million new USDC on Solana đ° network.
Whale Alert has monitored that at 22:25:39 today Beijing time, #USDC Treasury added 250,000,000 USDC to the #Solana network.
âĄïž BREAKING : #CBOE Global Markets has submitted a request to the U.S. đșđž SEC to list #Solanađ° spot ETFs. A decision is needed by March 2025.
âœïž Messiâs recent Instagram support for $WATER đŠ coin, a project aiming to raise awareness about water issues.
$WATER is from the same team behind $BEER coin, which crashed 80% after listing.
đ° Circle introduces Euro stablecoin #EURC to Base.
Circle announces EURC as the first euro-supported stablecoin on Baseđ°, complying with new #MiCA regulations.
đ° TON Blockchain Will Release New Layer-2 Based On Polygonâs đ°Technology.
The new protocol, called the #TON Applications Chain (TAC), will make use of #Polygon 's Chain Development Kit (CDK), as well as their AggLayer.
đ° USDC Treasury mints 250 million new USDC on Solana đ° network.
Whale Alert has monitored that at 22:25:39 today Beijing time, #USDC Treasury added 250,000,000 USDC to the #Solana network.
Base has added EURC (Euro Coin) to its ecosystem. Users can now seamlessly transfer euros on-chain with zero fees using Coinbase.
#base #EURC #July_NonFarmPayrolls_Shock #BinanceTurns7 #BinanceHODLerBANANA
#base #EURC #July_NonFarmPayrolls_Shock #BinanceTurns7 #BinanceHODLerBANANA
