#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members

#EUROC is less than one year old, launching in June 2022. USDC, on the other hand, was launched in 2018 by the Centre Consortium, of which both Circle and #Coinbase are founding members.

During this time, the stablecoins #USDC and #EUROC traded within a few basis points of #exchange rates found in the wholesale #forex #market for their backing currencies, #USD and #EUR.

The authors studied trading activity of Circle’s US #Dollar Coin (#USDC) and Euro Coin (#EUROC) on Uniswap from July, 2022 to January, 2023.

The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading #USDC and #EUROC stablecoins at Uniswap.