EURC Launches on the Stellar Network

September 29, 2023

Circle’s Euro-Backed Digital Currency is Now Available on the Stellar Network, Enabling Real-Time, Global PaymentsMADRID, SPAIN — September 26, 2023 — Circle and the Stellar Development Foundation (SDF) today announced that EURC is now live on the Stellar network. The launch of EURC on Stellar introduces a digital representation of the second most globally traded currency to the network. EURC on Stellar, which represents one of the most widely used global currencies, brings yet another way to provide real-world utility to Stellar users, in pursuit of our mission to create a more equitable global financial system.”The integration of EURC on the Stellar network is already being used by ecosystem companies today. For example, EURC on Stellar is expected to quickly integrate into bulk disbursement and cash assistance systems like Stellar Aid Assist, which delivers relief funds quickly, affordably, and transparently to individuals in crisis. EURC on Stellar hopes to enable further digital aid assistance to reach those affected by humanitarian crises.

The source of this news is from Circle