FOLLOW US: @theinsaneapp
Circle, a payments firm, is adding Euro Coin to Solana's blockchain
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
And expanding its cross-chain protocol to Solana during the first half of 2023.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Circle launched Euro Coin in June as a European version of its stablecoin USDC.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Euro Coin functions similarly but is tied to the euro, not the dollar.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
It is currently available on the Ethereum blockchain.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Circle stated that FTX would support the Euro Coin when it launches on Solana.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Process said other decentralized finance protocols expressed interest in the stablecoin's launch.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Sheraz Shere from Solana Labs, head of payments, stated that "Euro Coin's availability on Solana
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Unlocks new uses for instant FX and provides traders with an option for a new base currency.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
It allows for Euro Coin lending or borrowing and will be available alongside USDC in Solana Pay."
Twitter | Insatagram | Facebook