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Circle unveils Euro Coin (EUROC), its first stablecoin backed by the euro | by Paul C. | The Capital | Jun, 2022

by Paul C.
June 19, 2022
in Cryptocurrency
Reading Time: 1 min read
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Circle, the issuer of the USDC, has simply unveiled its new stablecoin. Dubbed “Euro Coin,” this new cryptocurrency will likely be backed by the euro’s trade fee and will likely be totally backed by Circle’s reserves. The corporate’s CEO sees the euro as an actual alternative for growth and a market to grab, at a time when the European market is struggling to agree on a regulation of digital belongings.

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Tags: BackedCapitalCircleCoineuroEUROCJunPaulStablecoinunveils
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