PANews reported on November 27 that Circle co-founder and CEO Jeremy Allaire said that EURC (Euro Stablecoin) has become the largest Euro stablecoin on the market and has achieved rapid growth this year. Thanks to Europe's clear and fair regulatory environment, EURC has continued to increase in on-chain transaction volume, foreign exchange usage scenarios, and the number of exchanges and wallets supporting it, and together with USDC has promoted the development of the crypto payment and trading ecosystem.