Now Available: EURC on World Chain

Circle Internet Financial has announced the launch of EURC, a MiCA-compliant euro-denominated stablecoin, on World Chain, a Layer-2 built on the OP Stack. This stablecoin aims to facilitate euro payments, settlement, and savings worldwide, providing euro liquidity and multi-currency use cases within the World ecosystem, which includes over 37 million World App users across more than 160 countries. EURC is fully reserved and redeemable 1:1 for euros, enabling institutional on/off-ramps and integration with World App Mini Apps and World Wallet. Key use cases for EURC include user-verified payments to reduce fraud, powering DeFi trading and lending with 24/7 onchain euro settlement, and offering digital euro savings accounts for users in emerging markets. Developers can access EURC through Circle's open-source, permissionless protocol, with businesses able to convert fiat currency to EURC using Circle Mint 2 accounts, although this service is currently limited to institutions.