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Circle Is Bringing Euro Coin To Solana

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1

Circle, a payments firm, is adding Euro Coin to Solana's blockchain 

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2

And expanding its cross-chain protocol to Solana during the first half of 2023.

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3

Circle launched Euro Coin in June as a European version of its stablecoin USDC. 

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4

Euro Coin functions similarly but is tied to the euro, not the dollar.

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5

It is currently available on the Ethereum blockchain.

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6

Circle stated that FTX would support the Euro Coin when it launches on Solana.

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7

Process said other decentralized finance protocols expressed interest in the stablecoin's launch.

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8

Sheraz Shere from Solana Labs, head of payments, stated that "Euro Coin's availability on Solana

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9

Unlocks new uses for instant FX and provides traders with an option for a new base currency. 

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10

It allows for Euro Coin lending or borrowing and will be available alongside USDC in Solana Pay."

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