USDC issuer is planning eagerly to launch its new stablecoin, Euro Coin, more likely to USDC stablecoin.
Circle Internet Financial is an international internet finance firm, which is popularly known for its USDC stablecoin. Last month, the majority of the stable coin projects faced huge fear because of the collapse of the Terra ecosystem, and also some popular stable coins faced de-pegging in their pegged value but it was only USDC, which was standing strong against all the situation because of its fully reserved funds behind the all Issued stable coins.
USDC is a stable coin corresponding to the US dollar, which means every single USDC coin is equal to $1. Now Circle is planning to introduce its Euro Coin, as a new stable coin for the crypto industry of the European crypto market.
So each 1 Euro coin will be equal to 1 Euro and it will help all the crypto exchanges in European countries to provide services much perfectly for the crypto Investors to deal with local fiat currency via the use of Euro coin.
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
Euro coin will be launched by 30 June of this year and initially, it will be issued by Circle on the Ethereum blockchain network via ERC-20 smart contract. which means all the ERC-20 supportive wallets and protocols will be able to support the Euro coin. Later, Circle will issue Euro coins on other blockchain networks, so that crypto investors will be able to easily access Euro coins on any crypto network with full confidence at low fees.
Popular platforms that will support Euro coin initially are “Binance.US, FTX, Huobi Global, Anchorage Digital, Bitstamp, Compound, Curve, Fireblocks, Ledger, MetaMask Institutional, and Uniswap Protocol, plus others.”
Circle company confirmed that Euro will follow a similar approach like USDC to remain fully transparent to the crypto industry so that people can easily use this Euro-backed stable coin with full trust & confident.
Via the launch of the Euro coin, Circle aimed to provide a better bridge between the crypto & traditional financial value. With the use of the Euro coin, people will be able to move euro liquidity on-chain. Circle also confirmed that businesses will be able to facilitate cross-border payments easily in digital Euro with the help of Euro coin and payment will be settled within minutes. Besides these supports, the crypto market will be able to access the Euro coin for trading, borrowing, and lending.
Read also: Solana devs want to regain trust via a new fees model
Soon Circle will launch new stablecoin for European crypto market
https://bitcoinik.com/soon-circle-will-launch-new-stablecoin-for-european-crypto-market/feed/
https://bitcoinik.com/soon-circle-will-launch-new-stablecoin-for-european-crypto-market/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
EXPLOSIVE LTD is an investment company specializing in financial market trading. Our preferred market is commodities: EXPLOSIVE LTD have developed accurate expertise in trading gold, silver, crude oil, natural gas.
🔥 Explosive-X
Signup link: https://explosive-x.io/?ref=devplus
Started: 01/06/2022
💰 Investment Plans: 4% daily for 25 days (principal return end of the cycle)
Cancel Deposit after 24 hours with a 15% fee
Withdrawal: Manual (Max 12 hours)
📥 Minimal deposit: $10 – Maximum deposit: $50.000
📥 Minimal withdraw: PM $1 , BTC $10 ,LTC $5 ,ETH $20
XRP $5 ,DOGE $5 ,USDT ERC20 $20 ,TRX $5 ,XLM $5
USDT (TRC20 BEP20) $5 , USDT TRC20 5$ , BNB $5 ,BCH $5
🤝 Referral program: 6% – 2%
Career Bonus:
$1000 Direct active referrals: $40 Bonus
$2500 Direct active referrals: $100 Bonus
$5000 Direct active referrals: $250 Bonus
$15,000 Direct active referrals: $600 Bonus
$50000 Direct active referrals: $2500 Bonus
Sign Up : https://explosive-x.io/?ref=devplus
—————————————————————————————————————-
BN Trust
📣24 hours trading, every two hours, you can earn more than 5% profit per day
Invest $100 (30 days) and get $432
Invest $300 (30 days) and get $1297
Invest $500 (30 days) and get $2161
Invest $1000 (30 days), get $4320
Invest $5,000 (30 days) and get $21,610
Invest $10,000 (30 days) and get $43,200
💵Minimum deposit amount is $20.
The minimum withdrawal amount is $10.
Cash out anytime!
The higher the capital, the more you earn
🖇Operation registration link https://www.bn-trust.com/#/register?sharecode=kBrco2
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
