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Circle’s EURC hits €400M in a slow push against dollar stablecoins


Circle’s EURC hits €400M in a slow push against dollar stablecoins

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Circle's euro stablecoin EURC has surpassed €400 million in circulation roughly four years after launch, marking a measurable milestone for euro-denominated crypto liquidity and adoption. While still small compared with dollar stablecoins, the growth underscores progress toward a euro payment rail independent of the dollar and could support broader crypto payments, DeFi and token-based use cases.

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Circle revealed that its euro stablecoin (EURC) has now crossed the mark of €400 million in circulation within around four years since it was launched. Although this amount is still insignificant compared to the dollar stablecoins, this gap is part of the overall picture. Establishing a serious payment rail that doesn’t rely on the dollar...
Read the article at CryptoPolitan

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In This News

Coins

$ 1.16

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