
DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
DeFiChain has announced the debut of the Euro-backed stablecoin Euro Coin on its native blockchain.
$1.09
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0.40%$0.0043
24H
0.59%$0.0064
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0.99%$0.0107
30D
2.62%$0.0278
Euro Coin (EUROC) is issued by Circle under the same full-reserve model as USD Coin (USDC), a trusted dollar digital currency with more than $54 billion in circulation.
Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.
DeFiChain has announced the debut of the Euro-backed stablecoin Euro Coin on its native blockchain.
In addition to launching Euro Coin on Solana, Circle announced plans to extend its permissionless cross-chain infrastructure, Cross-Chain Transfer Protocol, on the Sol network by next year.
USDC issuer, Circle Internet Financial, has released Euro Coin (EUROC), a euro coin stablecoin backed by full reserves.
Euro Coin would be in the custody of the leading financial institutions within the regulatory perimeter in the US.