Euro Stablecoin on Avalanche

    We are seeking talented data analysts to provide insights and metrics regarding the newly launched Euro stablecoin on the Avalanche blockchain.

    Circle Revolutionizes Cross-Chain Payments with Euro Coin

    Circle has announced the launch of Euro Coin on Avalanche, marking the first step in a series of anticipated multi-chain releases for their fully reserved euro-backed stablecoin. The introduction of Euro Coin on Avalanche aims to facilitate faster and more efficient payments and financial services for developers and their users.

    By introducing Euro Coin natively to Avalanche, Circle aims to enhance euro liquidity and provide a convenient option for global users who wish to transact in euros alongside USDC's U.S. dollar functionality.

    According to a recent statement, developers supporting USDC in their applications will find it seamless to integrate Euro Coin, as both stablecoins are built on similar smart contract designs. This integration will enable Circle Account holders to access Euro Coin liquidity on Avalanche for activities such as trading, lending in crypto capital markets, custody, and making and accepting payments.

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    Method

    For finding Burn and Mint filters we use this two tx hash in avascan:

    1. 0x0f696f69a9a4630ec22bf9cc85b8173cd789aa8aff04c3b08f187a60886d8479
    2. 0x927621950ca9d218d710ff47a4defbcb478be2609fef46fa24a22cc730020dc4

    so according to these tx hash we filtered to_address : 0x0000000000000000000000000000000000000000 for Burn

    and filtered From_address : 0x0000000000000000000000000000000000000000 for Mint

    Also we use these two contract address

    EURO Contract address : '0xc891eb4cbdeff6e073e859e987815ed1505c2acd'

    USDC Contract address : '0xB97EF9Ef8734C71904D8002F8b6Bc66Dd9c48a6E'

    Sections:

    1. First we check the EURO supply
    2. Number and volume of Mint/Burn
    3. Swaps
    4. Transfers
    5. Holders
    6. Compare to USDC
    Introduction