Circle EU Strategy and Policy Director: Euro stablecoin EURC weekly trading volume reaches 16 million USD

ChainCatcher news, Circle's EU Strategy and Policy Director Patrick Hansen stated on social media that EURC has become the leading euro stablecoin on CEX, now available on Coinbase, Bitpanda, Bitso, Bitstamp, Bitvavo, Mt Pelerin, Safello, and Mercado Bitcoin.

Compared to the trading volume of dollar stablecoins (weekly $107 billion), the trading volume of euro stablecoins remains small (averaging $16 million per week). However, interest in euro stablecoins in the EU region is growing, and this interest is expected to continue to rise.

Previously, Circle announced the official naming of its dollar and euro stablecoins as USDC and EURC, respectively.