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TechFlow news, according to CoinDesk, Circle and Stellar announced at the annual Stellar conference Meridian 2023 that EURC, their euro-backed stablecoin available on Ethereum and Avalanche blockchains, will launch on the Stellar network.
Stellar stated that launching EURC on its network has the potential to fundamentally enhance European remittance corridors, cross-border payments, treasury management, and aid disbursements.
Circle and Stellar announced at Stellar's annual Meridian 2023 conference that EURC, their euro-denominated stablecoin already available on Ethereum and Avalanche blockchains, will now go live on the Stellar network. Stellar stated that launching EURC on its network has the potential to fundamentally enhance European remittance corridors, cross-border payments, treasury management, and aid disbursements.
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