Euro Coin (EUROC) is issued by Circle under the same full-reserve model as USD Coin (USDC). EUROC payments will be offered to CryptoRefills customers over the Ethereum network.
The crypto-shopper community served by CryptoRefills is vast and diverse, with different needs. EUROC will mainly meet the needs of the European customers of CryptoRefills, those looking to mitigate exchange rate volatility and see prices in a currency they can relate to, and customers actively engaged in the European DeFi and Web 3.0 scene.
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