Euro Coin was introduced in June on the Ethereum blockchain and is backed by a mixture of cash and European government debt. Adoption of the coin has been slow since, with a market cap of just $80 million. USDC, in contrast, has a market cap of $42 billion. The largest stablecoin, Tether’s USDT, has a market cap of $69 billion.
USDC Issuer Circle to Add Solana Support for Euro Coin in 2023
