Coinbase is set to enhance its services by enabling 1:1 conversions between the euro and its euro-pegged stablecoin, EURC, starting August 28, 2024, in supported jurisdictions. This conversion will be fee-free, aligning with the EU's new Markets in Crypto-Assets (MiCA) regulations. The new feature will allow users to seamlessly swap euros for EURC without incurring any fees. Additionally, Coinbase will introduce a EURC-USDC trading pair on August 29, replacing the current EURC-EUR pair. Furthermore, Coinbase has also enabled send and receive support for EURC on the Solana network, expanding its multi-network availability.
🚨 FOMO IN: @Coinbase allows the transfer of EURC on Solana. This support means a significant multi-network expansion of $EURC via @Circle. https://t.co/ECLzb6kcd5
Coinbase Exchange is planning to add new trading pairs for existing assets! Starting shortly, the EURC-USDC trading pair will enter auction mode. Follow the launch of these trading pairs on @CoinbaseExch.
Stable Coin News: @coinbase to offer MiCA-compliant $EURC conversions starting Aug. 28 on all networks: https://t.co/hzaj3EPujr