Discover Seamless Euro Conversions with Coinbase
Get ready for a game-changing feature on Coinbase that will revolutionize how you convert euros. Starting Aug. 28, you can effortlessly swap euros for EURC, the euro-pegged stablecoin, on the Coinbase Advanced platform. This conversion will be hassle-free and cost-effective, offering you a convenient way to tap into the benefits of stablecoins.
Foster Low-Cost, Borderless Transactions with EURC
EURC, an ERC20 token created by Circle, the same company behind USDC, provides a compliant and stable solution pegged to the euro and backed by euro reserves held within the European Economic Area (EEA). The token operates on five prominent blockchains, including Avalanche, Ethereum, Solana, Stellar, and Base.
By adhering to MiCA regulations, Coinbase aims to offer a secure and regulatory-compliant platform for its European user base. The upcoming integration of EURC will not only streamline conversions but also enhance the overall trading experience.
Explore the Booming Base Network on Coinbase
Circle recently announced that EURC will be available on Base, Coinbase’s Layer-2 solution, introducing a faster and more affordable way to transact with the stablecoin compared to traditional blockchains. This expansion is designed to deliver a seamless and accessible alternative to fiat currencies, offering a robust platform for crypto enthusiasts.
Last week, Base witnessed a remarkable surge in activity, reaching nearly 4 million weekly active addresses, underscoring its growing popularity and adoption within the crypto community. The “Onchain Summer” campaign further fueled development on the Base network, positioning it as a scalable and cost-effective solution for users.
Hot Take: Embrace Innovation with Coinbase’s EURC Integration
Incorporating EURC into its platform, Coinbase sets the stage for a new era of seamless conversions and enhanced trading experiences for European users. By leveraging the power of stablecoins like EURC, you can navigate the crypto landscape with ease and efficiency, tapping into a world of borderless transactions and low-cost trading options.
Sources:
– CoinbaseNews: https://www.coinbase.com/news
– Circle Blog: https://www.circle.com/blog/eurc-now-available-on-base
By
By
By
By
By