Circle Is Expanding Euro Coin to Solana in the First Half of 2023

Circle is expanding Euro Coin to Solana in the first half of 2023. FTX will add support for the Euro Coin when it goes live on Solana, Circle said in a statement. Circle said other decentralized finance protocols have also expressed interest in supporting the stablecoin when it launches.

"The availability of Euro Coin on Solana unlocks new use cases for instant FX, provides optionality for traders with a new base currency, allows for Euro Coin lending and borrowing, and will be available alongside $USDC as a payment currency in Solana Pay," said Sheraz Shere, head of payments at Solana Labs.