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Articlemedium.comMYKOBO3y ago

Introducing EURC: The EURo Coin of the Future.

EURC is a Euro-pegged stablecoin launched on the Stellar blockchain by UAB MYKOBO, offering secure, fast, and sustainable transactions. It has seen significant adoption with over 150k in circulating supply and substantial trading volume on Stellar's DEX. To celebrate its launch and MYKOBO's anniversary, zero transaction fees are offered throughout March 2023.

StablecoinsDeFi
Lumen Loop's take

EURC, the EURo Coin, is a fiat-backed stablecoin pegged 1:1 to the Euro, issued on the Stellar blockchain known for its efficiency and low energy use (0.17³¹ Wh per transaction). Key stats include 907 wallets, 2786 payments, 65,654 trades, 346,142 total traded volume, and 150,559 circulating supply. MYKOBO is celebrating its 1-year anniversary and EURC's official launch with zero fees on deposits, withdrawals, and cross-border payments in March 2023. EURC is liquid on platforms like Beans, Lobstr, StellarTerm, and StellarX. Cross-border payments are available in Kenya, Tanzania, Rwanda, and expanding to Brazil, Nigeria, Argentina, Turkey, Mexico, and the US in March. MYKOBO bridges European finance to blockchain and is supervised by Lithuanian authorities.

Mentioned projects
5 projects linked
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BeansApplications
SCF
Software WalletMobileP2P

Beans is a non-custodial payments and savings app built on the Stellar blockchain, designed to provide the general public with a…

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LobstrApplications
SCF
P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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MYKOBOFinancial Protocols
SCF
AnchorEUR

MYKOBO is a financial platform that facilitates seamless Euro transactions through EURC, a Euro-backed stablecoin issued by Circ…

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StellarTermFinancial Protocols
SCF
DEXWeb

StellarTerm is an open-source trading client for interacting with the Stellar DEX, enabling users to trade, send, and manage ass…

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StellarX
SCF
DEXTrading

StellarX is a decentralized trading platform built on the Stellar network, enabling users to trade a wide range of assets direct…

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