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2024 — The Year of Solana? USDC Issuer Circle Deployed EURC On Solana
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The only correct answer. USDC and EURC is also natively issued on Stellar by circle and supported by licensed on/off ramps like moneygram.
Also need to make sure that the fees to off/ on ramp or buy EURC is correct when in calculating PnL btw
I'm curious about the advantage of a EURC over USDC I mean, if it is stable, does it matter? I suspect "exchange rate" will be part of it, but you aren't spending. Just holding
BTC : Self-custody cold wallet GBP : Custodial FSCS-insured bank account For BTC I use a Trezor Safe 3. Brilliant that. For Bitcoin only, the BitBox02 is another great option. I'm less trusting of Ledger but using any cold wallet is definitely preferably to keeping coins on a CEX or in a hotwallet. For GBP you have to store in physical cash or custody with a bank. Aside from physical cash, there isn't really a self-custody option. Good luck pulling out 0.5 BTC in cash though lol. As long as the Current account is FSCS insured, seems safe enough to me. That said, gov'ts have been known to seize fiat – see Greece in 2008 – so I hold some fiat in EURC or USDC on the blockchain. Downside is both float against GBP. Poundtoken doesn't yet have sufficient support to make me trust it. I can be verbose; let me know if you want more info. Cheers
tldr; The article discusses Circle's deployment of Euro Coin (EURC) on the Solana blockchain, expanding its native support and access to the Cross-Chain Transfer Protocol (CCTP). This move aims to bring faster, inexpensive transactions to global commerce and unlock new opportunities for multi-currency digital finance and on-chain foreign exchange. The integration of EURC on Solana is seen as a significant step forward in the world of digital finance, enhancing its utility and expanding the capabilities of the Solana blockchain. This development is expected to drive the adoption of blockchain technology and create more efficient and innovative applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
CBDCs on public blockchains won't be adopted. Not as fiat, at least. Maybe the dollar. Everything else is useless, like EURC(Circle) and EURT(Tether) proved. Little to no adoption.
USDC and hopefully EURC once adopted on more exchanges.
I don’t always use stablecoins. But when I do, it’s USDC. Circle seems transparent enough and I hope that their EURC project will take off.
tldr; Circle Internet Financial has released an open-source smart contract codebase called Perimeter Protocol, which aims to serve as a foundation for building tokenized credit markets. The protocol can support various credit use cases, including invoice factoring, payroll advances, instant settlement for merchants, and credit trading for institutional investors. Circle Research, the company's new division dedicated to open-source development, has also been launched. Tokenization of real-world assets is gaining momentum, with the potential to disrupt the existing financial system. Stablecoins, such as Circle's USDC and EURC, play a crucial role in blockchain-based lending markets. The release of Perimeter Protocol is expected to facilitate tokenization efforts and the development of decentralized finance (DeFi) credit platforms. OpenTrade's yield-generating tokenized U.S. Treasury pool is the first offering developed using Perimeter. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Here are the top news in Crypto from yesterday: 🌕 SEC delays decisions on Ark, Global X spot Bitcoin ETFs amid potential government shutdown; new deadlines are Jan. 10 and Nov. 21. 🌕 House Financial Services Committee urges SEC Chair Gary Gensler to approve pending Spot Bitcoin ETFs, citing no reason for denial. 🌕 Starting Oct. 16, JPMorgan Chase UK will ban crypto transactions due to rising crypto scams, impacting bank transfers and debit cards. 🌕 Celestia allocates 6% of TIA tokens for airdrop to devs and addresses in its upcoming modular data availability network. 🌕 Bitboy Crypto's Ben Armstrong released on bail after arrest; fallout with former partners suspected; BEN tokens drop 30%. 🌕 Paradigm launches Policy Lab for crypto advocacy, aiming to bridge gaps between policymakers, academics, and technologists. 🌕 Binance and MUFG unit to study issuing stablecoins in Japan, aiming for a 2024 launch, as Binance re-enters the Japanese market. 🌕 Circle introduces its euro stablecoin, EURC, on Stellar, expanding availability beyond Ethereum and Avalanche for more user options. 🌕 Leaked documents reveal Microsoft's plans to integrate a crypto wallet into Xbox, potentially allowing value creation in games. 🌕 Kraken secures licenses in Spain and Ireland, expanding euro-to-crypto trading and offering exchange and wallet services.
Here are the top news in Crypto for the past 24 hours: 🌕 SEC delays decisions on Ark, Global X spot Bitcoin ETFs amid potential government shutdown; new deadlines are Jan. 10 and Nov. 21. 🌕 House Financial Services Committee urges SEC Chair Gary Gensler to approve pending Spot Bitcoin ETFs, citing no reason for denial. 🌕 Starting Oct. 16, JPMorgan Chase UK will ban crypto transactions due to rising crypto scams, impacting bank transfers and debit cards. 🌕 Celestia allocates 6% of TIA tokens for airdrop to devs and addresses in its upcoming modular data availability network. 🌕 Bitboy Crypto's Ben Armstrong released on bail after arrest; fallout with former partners suspected; BEN tokens drop 30%. 🌕 Paradigm launches Policy Lab for crypto advocacy, aiming to bridge gaps between policymakers, academics, and technologists. 🌕 Binance and MUFG unit to study issuing stablecoins in Japan, aiming for a 2024 launch, as Binance re-enters the Japanese market. 🌕 Circle introduces its euro stablecoin, EURC, on Stellar, expanding availability beyond Ethereum and Avalanche for more user options. 🌕 Leaked documents reveal Microsoft's plans to integrate a crypto wallet into Xbox, potentially allowing value creation in games. 🌕 Kraken secures licenses in Spain and Ireland, expanding euro-to-crypto trading and offering exchange and wallet services.
tldr; Circle has launched a native euro stablecoin, EURC, on the Stellar network. Previously only available on Ethereum and Avalanche, EURC now provides more options for Eurozone residents to conduct business on the blockchain in their local currency. Crypto payment provider Ripio has integrated with EURC on Stellar, allowing users in Spain to deposit and withdraw the stablecoin. This move aims to encourage more Spanish users to adopt crypto as a payment method. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
is the EURC stablecoin news true? and its on stellar network so its gonna be cheap and stable