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© Reuters Coinbase Lists Euro-Backed Stablecoin, Euro Coin (EUROC)
Coinbase (NASDAQ:) will list support for Euro Coin (EUROC), a Euro-backed stablecoin amidst the growing attacks on stablecoins. EUROC will become available for trading on Coinbase in supported jurisdictions on February 27th but under the Experimental Label. The announcement comes amidst reports that Coinbase exceeded its expected revenues for Q4 2022. Coinbase, America’s biggest cryptocurrency exchange, has announced that it would launch support for Euro Coin (EUROC), a Euro-backed stablecoin, in regions where trading is supported.
On Tuesday, February 21st, Coinbase announced that it would begin trading Euro Coin (EUROC), an ERC-20 token issued by Circle under the same full-reserve model as USDC on Wednesday, February 22nd, if liquidity conditions are met.
However, in the early hours of Wednesday, Coinbase adjusted its planned support for its EUROC…
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