## EURC-Driven Euro Payment Ecosystem Launches on World Chain



**Circle** and **World Chain** have teamed up to introduce a comprehensive on-chain euro payment and storage solution for global users. By deploying the **EURC** stablecoin on a new Layer-2 network, this collaboration aims to bring standardized digital euro transactions to a verified user base.

## Who Can Use This System?

**World Chain** is built on the **World ID** human verification system, which currently covers over **37 million** **World App** users, including **17.5 million verified users** from **more than 160 countries**. This large and gradually expanding user base provides strong momentum for euro on-chain activities. Verified users can now directly transfer euros on **World Chain**, participate in DeFi strategies, and store value long-term.

## Core Attributes of EURC

**Circle**'s issued **EURC** is a **fully reserve-backed and compliant euro stablecoin**. The asset has obtained **MiCA** standard certification, supports 1:1 euro redemption, and can operate on six blockchains including **World Chain**. For institutions seeking to establish trusted on-chain payment infrastructure, **Circle Mint** offers dedicated minting and redemption channels to support large-scale transactions.

## Practical Application Scenarios

This system unlocks new possibilities in multiple directions:

- **Peer-to-peer verified payments**: Leveraging **World ID** verification features, **EURC** can circulate securely between users, significantly reducing risks of scams and Sybil attacks.
- **DeFi native euro assets**: Developers now have the opportunity to build lending, trading, and derivatives products based on stable euros, laying the foundation for euro-oriented liquidity pools.
- **Cross-border and emerging market storage**: Compared to local currencies, users can choose to hold digital euros as a more stable store of value.

## Path for Developers and Enterprises

Development teams eager to experiment can obtain test tokens via **Circle Faucet** to prototype payment flows on the **World Chain** testnet. For enterprises requiring large-scale minting or redemption of **EURC**, they can apply to access the **Circle Mint** mechanism. **Circle** also provides integration documentation and technical support to facilitate rapid deployment.

## Liquidity and Ecosystem Outlook

As more applications integrate **EURC**, the euro payment and clearing functions within **World App**, **World Wallet**, and other ecosystem products will undergo qualitative upgrades. This collaboration combines **standardized** on-chain euros with a large verified user base, opening a convenient channel for global users to participate in euro transactions, savings, and DeFi services on the blockchain.
Xem bản gốc
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
  • Phần thưởng
  • Bình luận
  • Đăng lại
  • Retweed
Bình luận
0/400
Không có bình luận
  • Ghim