Circle Launches Native Euro Coin on Avalanche

Twitter icon  •  Published 11 months ago  •  Hassan Maishera

The Avalanche team announced via a blog post on Thursday that Circle, a global digital financial technology firm and the issuer of USDC and Euro Coin, has launched Euro Coin on Avalanche.

The Avalanche team announced via a blog post on Thursday that Circle, a global digital financial technology firm and the issuer of USDC and Euro Coin, has launched Euro Coin on Avalanche.

Avalanche believes that bringing Euro Coin to its network can help increase euro liquidity and provide optionality to global users who wish to transact in euros with Euro Coin, as well as in U.S. dollars with USDC. Avalanche developers who support USDC in their apps will find it easy to integrate Euro Coin as the two Circle-issued stablecoins are based on similar smart contract designs.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up by 1% so far today and currently trades at $14.11 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.