Circle Launches Euro Coin ($EUROC), a New Euro-Pegged Stablecoin, on Ethereum

On Thursday (June 16), Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle Internet Financial, announced that his firm was introducing its “2nd major fiat-backed stablecoin“, and that it had launched it on the Ethereum mainnet. Euro Coin (EUROC) is “issued by Circle under the same full-reserve model as USD Coin (USDC), a trusted dollar digital currency […]