Circle has launched its euro-backed stablecoin, EURC, on the Stellar blockchain, making it the third chain on which EURC is available. The stablecoin can be sent, spent, held, and traded around the world with low-cost, near-instant transactions. EURC will integrate with aid disbursement and cash assistance systems, and Circle plans to work with Stellar to provide financial assistance to those affected by humanitarian crises. Latin American crypto services provider, Ripio, is also expanding to Spain and adding EURC on Stellar to their in-app crypto wallet.
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Circle Launches Euro-Backed Stablecoin on Stellar Blockchain for Aid Disbursement and Cross-Border Payments
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