Can crypto reach 1 billion users by 2025?
The cryptography industry could reach up to 1.2 billion people by 2025, although it is growing at the most conservative pace.
Coinbase has listed Euro Coin (EUROC), according to an announcement from the company on Feb. 28.
EUROC was originally introduced by Circle in June 2022. The asset is pegged to the value of the euro and is 100% backed by euros in EUR-denominated bank accounts — a practice that should ensure the stablecoin can be fully redeemed at any time.
The euro coin is similar to its more familiar counterpart, the dollar or usdc coin, which is related to the US dollar. COINBASE and Circle have a close relationship as two founding members of the Center, the consortium behind the launch of the USDC.
The EUROC seems to be the first stability indexed to the euro which benefits from the total support of Coinbase. Depending on the coinbase listing pages, the Euro Stasis (Eur), Euro Tether (Eur), and Eur (Eur) competitors may be held in custody in the coinbase portfolio but not dealt in on a stock exchange. Other euro stablecoins, such as the euro (ceur), do not benefit from any assistance.
Coinbase also provides various levels of support for the USD stablecoins tether's usdt, maker dai, and paxos pax. All this stability is not listed on its main stock market.
Today’s listing comes just one day after Coinbase announced that it would suspend trading of the BINANCE USD (BUSD) stablecoin — and on the same day that the company unveiled its crypto policy advocacy program, .
The cryptography industry could reach up to 1.2 billion people by 2025, although it is growing at the most conservative pace.