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      EURC(EURC) EURC is Coming to Base

      https://s1.coincarp.com/logo/1/euro-coin.png?style=36's logo EURC(EURC)
      $1.04
      0.24%
      Release

      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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      Approval:92% Votes:121
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