Stablecoin

EURC

Base

USDC

<h4><strong>EURC <a href="https://www.circle.com/blog/eurc-is-coming-to-base" target="_blank" rel="noopener">will soon</a> join USDC as a prominent stablecoin on Base. It currently boasts over $3 billion in circulation as of July 9th. </strong></h4> 
<p>This move highlights the euro’s status as the third-largest fiat currency and opens significant growth opportunities in the digital asset economy.</p> 
<h5><strong>EURC Joins USDC on Base Blockchain for Enhanced Digital Transactions</strong></h5> 
<p>EURC and USDC are noteworthy for being the first stablecoins on Base from a global issuer to comply with the new <a href="https://www.altcoinbuzz.io/?s=mica" target="_blank" rel="noopener">MiCA regulation</a>. Both stablecoins are fully regulated, backed 1:1 by reserves, and redeemable directly for euros and dollars, respectively. This regulatory compliance enhances trust and stability, making them attractive for institutional use cases.</p> 
<p>Institutional adoption is facilitated through <a href="https://www.circle.com/en/circle-mint" target="_blank" rel="noopener">Circle Mint</a>, providing qualified businesses with seamless onboarding and off-ramping capabilities. Moreover, EURC and USDC offer easy integration into new and existing applications. This includes retail access through Coinbase’s extensive global network for fiat on- and off-ramps.</p> 
<p><img decoding="async" class="wp-image-145131 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcdfdssfese-267x300.jpg" alt="Circle Introduces EURC Stablecoin on Base Blockchain" width="439" height="493" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcdfdssfese-267x300.jpg 267w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcdfdssfese-373x420.jpg 373w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcdfdssfese.jpg 391w" sizes="(max-width: 439px) 100vw, 439px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/circle/status/1810639673628434856" target="_blank" rel="noopener">X</a></strong></h6> 
<p>The use cases for EURC and USDC on Base are extensive and diverse. They enable efficient cross-border payments with near-instant settlement, making international remittances, peer-to-peer payments, and marketplace payouts significantly more affordable compared to traditional systems.</p> 
<p>Additionally, these stablecoins support crypto capital markets by providing continuous access to a robust DeFi ecosystem. They also serve as reliable stores of value in euros and dollars, offering users a hedge against the inflation of local currencies.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-full wp-image-123700" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/circle-introduces-eurc-stablecoin-on-base-blockchain/">Circle Introduces EURC Stablecoin on Base Blockchain</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Circle Introduces EURC Stablecoin on Base Blockchain

Altcoin Buzz

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