Coinbase Supports Euro-Pegged Stablecoin

Coinbase Listing

Coinbase, a popular crypto exchange, is adding support for Euro Coin (EURC), a stablecoin pegged to the Euro. The listing will go live on June 20th, 2024, at 3 PM ET.

Experimental Label

Coinbase has labeled EURC as an experimental asset, indicating potential risks and volatility. The exchange advises against sending EURC over unsupported networks to avoid losing funds.

Name Change Delay

EURC is currently undergoing a name change from EUROC. Coinbase acknowledges delays in the process and assures users that their funds are secure.

Euro Coin Launch

Circle, the issuer of USDC, launched Euro Coin on June 30th, 2022, on the Ethereum blockchain. It has since expanded to other crypto networks, including Solana and Stellar.