Digital Euro Association Blog / monetarypolicy

Circle’s New Euro Stablecoin: Issued from the US and used Outside the EU?

Since Circle launched the US dollar stablecoin (USDC), the stablecoin's market capitalization has grown to a significant size of more than $50B. As of today, there is no euro stablecoin of a similar size. Now, Circle has announced plans to launch a euro stablecoin, starting June 30, 2 …

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How do stablecoins maintain stability?

Stablecoins are tied to fiat currencies to make them less susceptible to price volatility and maintain their pricing stable. A computer algorithm is also used by certain stablecoins to keep their value relatively stable. As stablecoins do not require leverage to produce liquidity, the …

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