Add Euro Coin ($EUROC) to Stargate
Circle’s Euro Coin (EUROC) is a euro stablecoin backed by full reserves currently released on Ethereum and Avalanche. It is similar to USDC except it is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.
Adding € to Stargate would increase the number of users, transaction numbers, and volume.
The currency pair EUR/USD represents around 20% of foreign exchange trading volumes.
Off-Chain Vote
Yes
6.49M veSTG95.3%
No
323.37K veSTG4.7%
Timeline
May 27, 2023Proposal created
May 27, 2023Proposal vote started
Jun 04, 2023Proposal vote ended
Oct 26, 2023Proposal updated