Euro Coin is a fully reserved, euro-backed stablecoin that is always redeemable 1-for-1 for eurosMB users can now access near-instant foreign exchange from local currency to eurosSão Paulo, May 3, 2023 — MB (Mercado Bitcoin), the largest digital asset platform in Latin America, now lists Circle Internet Financial’s euro-backed stablecoin, Euro Coin, on its platform. Euro Coin, which uses the token symbol EUROC, is issued on the Ethereum network and can be used with any ERC-20 compatible wallet, app, or DeFi protocol. As of April 27, 2023, Euro Coin has more than €48 million in circulation. "We do believe that the Euro Coin listing will make investments in euros easier and more practical." Once the deposit is validated, the customer selects the cryptocurrency “Euro Coin (EUROC)” in the left sidebar and clicks on “buy and sell”.