Coinbase Lists Euro-Backed Stablecoin, Euro Coin (EUROC)
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- Coinbase will list support for Euro Coin (EUROC), a Euro-backed stablecoin amidst the growing attacks on stablecoins.
- EUROC will become available for trading on Coinbase in supported jurisdictions on February 27th but under the Experimental Label.
- The announcement comes amidst reports that Coinbase exceeded its expected revenues for Q4 2022.
Coinbase, America’s biggest cryptocurrency exchange, has announced that it would launch support for Euro Coin (EUROC), a Euro-backed stablecoin, in regions where trading is supported.
On Tuesday, February 21st, Coinbase announced that it would begin trading Euro Coin (EUROC), an ERC-20 token issued by Circle under the same full-reserve model as USDC on Wednesday, February 22nd, if liquidity conditions are met.
However, in the early hours of Wednesday, Coinbase adjusted its planned support for its EUROC...
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2y ago•
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