The Capital
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The Capital

Circle unveils Euro Coin (EUROC), its first stablecoin backed by the euro

Circle, the issuer of the USDC, has just unveiled its new stablecoin. Dubbed “Euro Coin,” this new cryptocurrency will be backed by the euro’s exchange rate and will be fully backed by Circle’s reserves. The company’s CEO sees the euro as a real opportunity for development and a market to seize, at a time when the European market is struggling to agree on a regulation of digital assets.

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