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    Coinbase adds support for Euro-pegged stablecoins from leading USDC maker circuit

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    Coinbase, the top US cryptocurrency exchange, is adding surprising support for a euro-pegged stablecoin from Circle, Circle’s issuer. American dollar.

    In a new thread on social media platform X, Coinbase Assets He says The company will start supporting the euro currency (Yurok) on January 20.

    “Coinbase will add support for EURC on the Ethereum network (ERC-20 token) and trading will begin on or around June 20, 2024 at or around 3pm ET. Do not send this asset across other networks or your funds may be lost.

    According to Coinbase, it will be EURC He added To a cryptocurrency exchange with a demo label, a designation created by a cryptocurrency exchange for the riskiest and most volatile digital assets.

    Coinbase continues to… NB Euro Coin is going through a name change process that is taking longer than originally expected, which is hampering the service. The stablecoin token is renamed from EUROC to EURC.

    “The renaming of the Euro (EUROC) to EURC is taking longer than expected. We apologize for this delay, but rest assured that your funds are safe and our teams are working as quickly as possible to restore full service.

    Circle at first Launched Euro currency dated June 30, 2022 on Ethereum (Ethereum) blockchain but later expanded to include other crypto assets, such as Solana (Sol), and the star (XLM).

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