circle
Circle Expands EURC to Base: Strengthening the European On-Chain Infrastructure
In a strategic maneuver that bridges the gap between traditional European financial regulations and the burgeoning world of decentralized finance (DeFi), Circle has officially launched its native euro-denominated stablecoin, EURC, on the Base network. This development, confirmed by the stablecoin issuer this week, represents a significant upgrade for the Coinbase-incubated layer-2 blockchain, providing it with […]
The Distribution War: How Open USD Aims to Disrupt the Tether-Circle Stablecoin Duopoly
Introduction: A New Paradigm in Stablecoin Competition The global stablecoin market, currently valued at over $180 billion, has long been characterized by a highly concentrated duopoly. Tether (USDT) and Circle (USDC) collectively control the vast majority of the market share, serving as the foundational liquidity rails for the entire cryptocurrency ecosystem. Historically, attempts by newer […]
