Circle Launches EURC on Stellar Network: Unlocking New Opportunities
Circle's Euro-backed stablecoin, EURC , has made its debut on the Stellar network, marking a significant development in the world of digital currencies. The integration of EURC promises to bring a host of benefits to the Stellar ecosystem, opening up exciting possibilities for users. Empowering Stellar with EURC At the prestigious Meridian 2023 event, Circle and the Stellar Development Foundation proudly announced the integration of EURC on the Stellar network. This exciting move positions Stellar as the third blockchain to incorporate EURC, following Ethereum and Avalanche. EURC is a fiat-backed stablecoin pegged to the Euro, ensuring a 1:1 value equivalence with the currency reserve held by Circle . https://twitter.com/StellarOrg/status/1706611386472661015?ref_src=twsrc%5Etfw Low-Cost, Instant Global Transactions With the introduction of EURC, European businesses and developers now have access to a powerful global digital currency that facilitates ne...