| Mobile Web

Search results for EURC

Crypto

Circle\'s euro stablecoin EURC circulation tops 400 million euros

Circle\'s euro stablecoin EURC has exceeded 400 million euros in circulation four years after launch. Dollar-based stablecoins still dominate, with about 98 percent of total stablecoin value denominated in dollars, while euro-linked stablecoins account for less than 1 percent of the global market. EURC has expanded across multiple blockchains and accelerated in supply growth. Circle links the expansion to the EU\'s MiCA framework, alongside widening integration with Visa, Mastercard and payment firms.

Crypto

Only 3 of top 50 stablecoins meet EU MiCA rules, Circle executive says

Only three of the world’s top 50 stablecoins by market capitalisation meet the European Union’s Markets in Crypto-Assets (MiCA) rules, Patrick Hansen of Circle said. The compliant tokens are USDC, USDG and EURC. Hansen said 21 issuers in the EU have already launched about 35 e-money tokens, but only those three satisfy MiCA among the global top 50. He called for stronger competitiveness and global regulatory coordination in MiCA’s review.

Crypto

Verus-Ethereum bridge hacked again after two months, $7.54 million in assets stolen

The Verus-Ethereum bridge has been hacked for a second time in about two months, with $7.54 million worth of cryptocurrency stolen, blockchain security firm Blockaid said. It said the attacker exploited the same vulnerability used in the May breach and triggered unsecured payouts on the Ethereum side. CertiK also detected the hack and estimated losses at about $7.53 million, saying the funds were swapped into 3,916.1 ether and deposited into Tornado Cash.