EURC
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**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 🌍💹
#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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🔵 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.
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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.
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📊 #Kaiko report:
▪️ Since June 30, #EURC and $USDC Circle have shown the strongest growth in daily trading volume, after the speech due to the regulations MiCA;
▪️ “Non-compliant stablecoins” currently dominate the market;
▪️ There has been an increased use of #USDC for settlements on perpetual futures;
▪️ #BCH liquidity is rapidly decreasing after #MtGox payouts start.
▪️ Since June 30, #EURC and $USDC Circle have shown the strongest growth in daily trading volume, after the speech due to the regulations MiCA;
▪️ “Non-compliant stablecoins” currently dominate the market;
▪️ There has been an increased use of #USDC for settlements on perpetual futures;
▪️ #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 🚨
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 Ethereum’s 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 Coinbase’s 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 Ethereum’s 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 Coinbase’s 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
𝗝𝘂𝗹𝘆 𝟭𝟬, 𝟮𝟬𝟮𝟰
⚡️ BREAKING : #CBOE Global Markets has submitted a request to the U.S. 🇺🇸 SEC to list #Solana💰 spot ETFs. A decision is needed by March 2025.
⚽️ Messi’s recent Instagram support for $WATER 💦 coin, a project aiming to raise awareness about water issues.
$WATER is from the same team behind $BEER coin, which crashed 80% after listing.
💰 Circle introduces Euro stablecoin #EURC to Base.
Circle announces EURC as the first euro-supported stablecoin on Base💰, complying with new #MiCA regulations.
💰 TON Blockchain Will Release New Layer-2 Based On Polygon’s 💰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.
💰 USDC Treasury mints 250 million new USDC on Solana 💰 network.
Whale Alert has monitored that at 22:25:39 today Beijing time, #USDC Treasury added 250,000,000 USDC to the #Solana network.
⚡️ BREAKING : #CBOE Global Markets has submitted a request to the U.S. 🇺🇸 SEC to list #Solana💰 spot ETFs. A decision is needed by March 2025.
⚽️ Messi’s recent Instagram support for $WATER 💦 coin, a project aiming to raise awareness about water issues.
$WATER is from the same team behind $BEER coin, which crashed 80% after listing.
💰 Circle introduces Euro stablecoin #EURC to Base.
Circle announces EURC as the first euro-supported stablecoin on Base💰, complying with new #MiCA regulations.
💰 TON Blockchain Will Release New Layer-2 Based On Polygon’s 💰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.
💰 USDC Treasury mints 250 million new USDC on Solana 💰 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
