Circle’s New Euro Stablecoin: Issued from the US and used Outside the EU?
by Philipp Sandner, Jonas Gross on Jun 24, 2022 9:59:17 AM
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 …
How do stablecoins maintain stability?
by Guneet Kaur on Feb 16, 2022 9:30:00 AM
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 …