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EURC(EURC) EURC is Coming to Base
EURC is issued by Circle and now joins USDC - the largest stablecoin on Base with more than $3 billion in circulation as of July 9th.
The euro is the third largest fiat currency in the traditional financial system today, signifying a large opportunity for growth in the digital asset economy.
EURC and USDC are the first stablecoins on Base from a global issuer to be compliant with the new Markets in Crypto Assets (MiCA) regulation.
Benefits of EURC and USDC
- Regulated, fully reserved and redeemable 1:1 for euros and dollars respectively
- Enables institutional on/off-ramps like Circle Mint for qualified businesses
- Easy integration into both new and existing apps
- Retail access to Coinbase's global on- and off-ramp network
Use cases for EURC and USDC on Base
- Cross-border payments with near-instant settlement for international remittances, peer-to-peer payments, and marketplace payouts at a fraction of the cost of legacy systems
- Crypto capital markets with 24/7 access to a robust DeFi ecosystem
- Access to euro and dollar store of value for savings and FX to hedge against inflation of local currencies
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