Circle's $EUROC Stablecoin Currently Trades Only Within the US

The euros-pegged stablecoin $EUROC issued by $USDC issuer Circle is currently only available for trading within the United States. "Circle will not directly solicit customers outside of the United States until it holds the relevant licenses in those jurisdiction," a Circle spokesperson said. US-headquartered Silvergate bank will be listed as the initial custodian of the token, and it will not be available to non-US customers until relevant licenses are obtained. On June 30, Circle officially issued a fully-reserved, euros-pegged stablecoin called Euro Coin ($EUROC), on Ethereum.