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To start, EUROC will be issued as an ERC-20 token on the Ethereum blockchain, the firm said, "with support for additional blockchains expected later this year."
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Euro Coin is a euro-backed stablecoin that’s available 24/7 and moves at internet speed. Together, Euro Coin and USDC unlock new possibilities for multi-currency digital banking and near-instant foreign exchange, where daily volume in traditional markets can top $6.6 trillion globally.
https://www.theblock.co/linked/152448/circle-announces-new-euro-backed-stablecoin
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