EURC deposits are now available

- 2 minute read

Anycoin Direct
Anycoin Direct

We are happy to announce the latest addition to our platform for German customers: EURC deposits, the number one euro-backed stablecoin. Swapping with USDT and making a transaction for every separate coin purchase? Those inconveniences are a thing of the past.

With the addition of EURC, your deposit will be exchanged to EURC tokens that function just like actual euros. The advantage? You only need to make one transaction, and then you have the freedom to invest however you like, without needing separate bank transactions for each order.

What is EURC?

EURC is a stablecoin backed by the euro 1:1, meaning that one EURC will always be worth one euro. The advantage? Since stablecoins are designed to have a consistent value, they provide a reliable medium of exchange and store of value, which is especially useful in volatile markets. EURC runs on multiple blockchains, namely Ethereum, Avalanche, Solana, and Stellar Lumens.

Circle's stablecoin reserve composition is publicly available, ensuring EURC is always redeemable 1:1 for euros. EURC reserves are held by leading financial institutions, providing holders with ready liquidity. Their motto is therefore: Trust Through Transparency.

Circle, the company behind EURC, has a strong reputation in the cryptocurrency world. They are known for being reliable and following strict regulations to ensure safety and security. Circle also works with well-known financial institutions and undergoes regular checks to ensure everything is stable and trustworthy. This makes EURC a logical, secure, and reliable addition for our German customers.

Convenience with PayPal and EURC

Our goal at Anycoin Direct? To create the most user-friendly crypto platform there is. With the integration of PayPal for quick and secure payments, and the addition of EURC, we’re taking another step towards simplifying the crypto experience for our customers.