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Circle Director: EURC’s weekly trading volume reaches $16 million, and the EU’s interest in euro stablecoins will continue to grow

Circle Director: EURC’s weekly trading volume reaches $16 million, and the EU’s interest in euro stablecoins will continue to grow

CointimeCointime2023/10/23 15:21
By:Cointime

Patrick Hansen, the Director of Circle's EU Strategy and Policy, posted on X platform that EURC has become the leading Euro stablecoin on CEX, and is currently available on Coinbase, Bitpanda, Bitso, Bitstamp, Bitvavo, Mt Pelerin, Safello, and Mercado Bitcoin. Although the trading volume of Euro stablecoins is still small compared to that of US dollar stablecoins (which is $107 billion per week), the interest in Euro stablecoins in the EU region is growing. As cryptocurrencies and traditional finance continue to merge, providing real-world utility, this interest will continue to grow.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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