Circle launches EURC stablecoin on Solana
Circle, the global financial technology firm, has announced the launch of EURC on the Solana network. As the leading regulated dollar stablecoin issuer, Circle’s expansion of EURC onto Solana, now the fourth blockchain to support it natively, is poised to enhance utility in peer-to-peer transfers and European remittance corridors. EURC, a fiat-backed stablecoin , operates under a full-reserve model, ensuring a 1:1 redeemable value for the euro. This launch allows developers and users to engage with EURC and USDC on Solana (SOL), providing global money transfers and financial transaction options. 1/ The holiday season is nearly upon us and we have an early surprise…$EURC is now available on @solana’s ultra-fast, near-zero cost network! The time is now for 24/7 on-chain FX with global, instant settlement. Learn more https://t.co/hrCirklYGY — Circle (@circle) December 18, 2023 You might also like: Circle launches USDC and EURC faucets to support dev activity ...