Stellar network welcomes EURC, aiming for Euro parity and stability
Circle and the Stellar Development Foundation (SDF) have unveiled the European Reserve Currency (EURC) on the Stellar network. This initiative mirrors the objectives of its precursor, the USDC, striving for parity with the Euro and maintaining a backing by tangible reserves. Each EURC coin is meticulously anchored to a fixed amount of euros, providing a…