Aave, the decentralized lending and borrowing platform, has launched Circle’s EURC stablecoin on Base layer 2 blockchain. 💸🤑
Why settle for boring old USD-pegged stablecoins when you can use EURC as collateral for lending and borrowing on Aave’s Base market? 😜
This move not only expands the options for Aave users but also represents a growing trend where DeFi platforms are moving beyond dollar-pegged stablecoins. 📈
But wait, there’s more! 🎉 Aave’s decision to integrate more MiCA-compliant stablecoins is part of the ongoing effort to ensure adherence to strict European Union regulations. 👮♂️
MiCA compliance ensures that stablecoins and other crypto assets adhere to strict European Union regulations. 📜
BREAKING NEWS: @Circle announces that USDC and EURC are now available under new EU stablecoin laws; Circle is the first global stablecoin issuer to be compliant with MiCA. Circle is now natively issuing both USDC and EURC to European customers effective July 1st.
Details…
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) July 1, 2024
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2025-03-13 13:20