Stable Coin Issuer Circle Brings Stellar-Based Version of EURC

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Circle Launches Stellar-Based Version of Euro-Baked Stable Coin EURC
Stable coin issuer Circle has launched a Stellar-based version of its euro-backed stable coin EURC. EURC was previously only available on Ethereum and Avalanche. Stable coins or fiat backed crypto tokens have become an essential component of the Web3 ecosystem. These stable coins allow users to make payments, borrow the currency, lend for interest, and perform other fiat currency related operations on the Blockchain network. Currently US Dollar Baked USD Coin and Tether are the sixth and seventh largest cryptocurrencies by market cap. Let us tell you that on May 25, Circle launched a native version of

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Stable Coin Issuer Circle Brings Stellar-Based Version of EURC 

Stellar is the third blockchain available to send and receive Circle’s euro-pegged stablecoin after Ethereum and Avalanche.




Stablecoin issuer Circle Internet Financial expanded its euro-pegged stablecoin EURC to the Stellar (XLM) blockchain, in addition to the Ethereum and Avalanche networks it was already on, the company announced in a press release on Tuesday.

For More Information Here read full article Here https://www.coindesk.com/tech/2023/09/26/circle-seeks-to-boost-crypto-payments-by-expanding-eurc-stablecoin-to-stellar-network/


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