Euro Coin, a euro-backed stablecoin by Circle, facilitates global euro access and multi-currency digital finance.
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Circle's Euro Coin (EUROC) is a stablecoin pegged to the euro, fully backed by euro reserves held in regulated banks. It aims to broaden access to the euro globally, enabling seamless cross-border transactions. EUROC, alongside USDC, facilitates multi-currency digital banking and rapid foreign exchange, tapping into a market with trillions in daily volume. EUROC's utility spans exchanges (offering EUR to EUROC conversions and FX trading), institutional traders (market making and arbitrage), businesses (accepting EUROC payments and facilitating international transactions), and individuals (paying merchants, sending remittances, and engaging in DeFi and Web3).
As of now, EURC is trading at 1.078589 USD, with a 24-hour trading volume of approximately 0 USD. The EURC to USD price is updated in real time. Over the past 24 hours, EURC has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 150.96M USD. Currently, there are 139 963 630 EURC in circulation out of a maximum supply of 139 963 630 EURC.
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