{"id":79350,"date":"2023-05-25T19:49:23","date_gmt":"2023-05-25T16:49:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79350"},"modified":"2025-09-11T10:33:11","modified_gmt":"2025-09-11T07:33:11","slug":"circle-launches-euro-pegged-stablecoin-euro-coin-on-avalanche","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/circle-launches-euro-pegged-stablecoin-euro-coin-on-avalanche\/","title":{"rendered":"Circle launches euro-pegged stablecoin Euro Coin on Avalanche"},"content":{"rendered":"<p>Circle, a member of the Centre consortium, launched the euro-pegged stablecoin Euro Coin (EUROC) on the Avalanche network.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ It is official, <a href=\"https:\/\/twitter.com\/hashtag\/EuroCoin?src=hash&#038;ref_src=twsrc%5Etfw\">#EuroCoin<\/a> is now multi-chain and live on <a href=\"https:\/\/twitter.com\/avax?ref_src=twsrc%5Etfw\">@avax<\/a> today: <a href=\"https:\/\/t.co\/rzlgtMcYKc\">https:\/\/t.co\/rzlgtMcYKc<\/a><\/p>\n<p>\u2014 Circle (@circle) <a href=\"https:\/\/twitter.com\/circle\/status\/1661720157138419713?ref_src=twsrc%5Etfw\">May 25, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the company&#8217;s representatives, developments on the new blockchain will provide users with more efficient solutions for sending, spending, lending, and borrowing funds in a &#8216;fully collateralised&#8217; asset.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe give developers and users the ability to make nearly instantaneous and more cost-efficient transactions, opening up new possibilities for payments and remittances,\u201d the company said.<\/p>\n<\/blockquote>\n<p>The Avalanche integration is driven by growing demand for stablecoin diversification across networks.<\/p>\n<p>Circle added that many platforms, including Benqi, Curve, Dexalot, GMX, Pangolin, Shift Markets and Trader Joe, are interested in integrating the new &#8216;stablecoin&#8217;.<\/p>\n<p>Earlier, Circle <a href=\"https:\/\/u1f987.com\/en\/news\/circle-unveils-euro-pegged-stablecoin-euro-coin\">launched<\/a> Euro Coin on the Ethereum blockchain.<\/p>\n<p>According to CoinGecko, the market capitalization of EUROC is $51 million.<br \/>\u00a0<br \/>Earlier, the euro-denominated stablecoin CoinVertible <a href=\"https:\/\/u1f987.com\/en\/news\/societe-generale-to-launch-euro-denominated-ethereum-based-stablecoin\">announced<\/a> by Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle launched the euro-pegged stablecoin Euro Coin (EUROC) on the Avalanche network.<\/p>\n","protected":false},"author":1,"featured_media":79351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,1220,807],"class_list":["post-79350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax","tag-circle","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=79350"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79350\/revisions"}],"predecessor-version":[{"id":79352,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79350\/revisions\/79352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/79351"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=79350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=79350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=79350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}