Circle’s Euro-Pegged EURC Token Passes 50 Million Euro Market Cap

EURC, a euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market capitalization of more than 50 million euros ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy and Policy, the stablecoin has experienced significant growth, recording a 36% increase in its issuance due to the recent launch of the base, a Coinbase incubated (…)