EURC Emerges As Leading Euro Stablecoin With Rapid Growth

According to PANews, Jeremy Allaire, co-founder and CEO of Circle, announced that EURC, the Euro stablecoin, has become the largest Euro stablecoin in the market, experiencing significant growth this year. This expansion is attributed to the clear and equitable regulatory environment in Europe, which has facilitated the increase in on-chain transaction volumes, foreign exchange use cases, and the number of exchanges and wallets supporting EURC. Together with USDC, EURC is advancing the development of the crypto payment and trading ecosystem.