EURC
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#EURC #USDC #cryptonews #crypto2023 #BinanceSquare
$EURC $USDC
🟢 Circle\'s USDC and EURC Stablecoins Get a Major Upgrade with v2.2
🗣️ Circle, the issuer of USD Coin (USDC), has announced a significant upgrade to its stablecoin, aiming to enhance usability and security. The upgrade, known as v2.2, introduces several improvements, including account abstraction, enhanced security, and lower gas fees.
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$EURC $USDC
🟢 Circle\'s USDC and EURC Stablecoins Get a Major Upgrade with v2.2
🗣️ 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.
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Is EURC’s Expansion to Stellar Adding More Euro-Backed Stablecoin Choices? 👀
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 Trading Gains Traction** 💶💱: 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. 📈🚀 #EURC #Stablecoins #cryptocurrency 🌍💹
