Euro Coin Stablecoin Launch
New stablecoin launch on Ethereum, from Circle, that previously launched USDC.
There is no exact launch time announced, only that it launches on June 30th. The launch time is set to 6:00 AM UTC as a placeholder.
DETAILS
- Euro Coin ($EUROC) is an ERC-20 euro-pegged stablecoin issued by Circle
- 100% backed by euros reserves held in euro-denominated banking accounts
- Redeemable 1:1 for euros
- Initial minting and redeeming will be available only on Circle by depositing euros into Circle Account
- After initial minting, trading will begin on exchanges
- Roadmap includes cross-chain launch on other blockchains
Blockchain
