Aave adds EURC on Base, providing a MiCA-compliant option for European users

Aave has launched EURC, a MiCA-compliant stablecoin, on the Base platform, providing European users with a regulated option for lending and collateral.

From now on, Aave users can integrate EURC into their asset portfolios, gaining access to a stablecoin that complies with European Union regulations and diversifies the European DeFi market. This addition expands the available options beyond dollar-based stablecoins like USD Coin (USDC).

The launch of EURC aligns with the broader trend of integrating MiCA-compliant stablecoins, a regulation that sets new licensing and auditing standards for stablecoin issuers. As a leading DeFi platform, Aave is enhancing its offering by adding EURC, making the market more accessible and secure for European users. This step strengthens trust and transparency in the crypto industry.

With this update, European users now have access to a regulated stablecoin, reducing exposure to the risks associated with non-compliant assets. They can trade safer and more transparent assets within the Aave ecosystem.