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Circle’s Euro Stablecoin EURC Launches on World App

Circle’s integration of EURC into World App enables World Wallet users to buy, sell, and transfer euro-pegged digital currency from December 12, expanding cross-border payment capabilities.

Summary

Circle announced that its euro-backed stablecoin EURC is now available on World App, with World Wallet users able to buy, sell, and send EURC starting December 12. Pegged to the euro, EURC offers a stable digital currency option and expands the platform’s support for euro-denominated digital transactions.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like a fiat currency.
  • EURC: Circle’s euro-denominated stablecoin pegged to the value of the euro.
  • World Wallet: A digital wallet integrated with World App, enabling users to buy, sell, and send cryptocurrencies.