VALR Opens Euro Deposits Via Wire Transfer, Lists Circle’s EURO Coin (EURC)
This post is an adaption of an article originally published on Finance Feeds.
VALR, is pleased to announce the listing of EURO Coin (EURC), a stablecoin issued by Circle and pegged to the Euro.
With the introduction of EURC to the platform, users can now trade this stablecoin on VALR’s Spot market with USD Coin (USDC), Bitcoin (BTC), and the South African Rand (ZAR).
The newly launched trading pairs include:
In addition, VALR now enables Euro deposits via wire transfer, supporting both SWIFT and SEPA transfers, and has partnered with Circle to facilitate a seamless conversion to EURC.
This feature allows users to either purchase EURC directly, or for larger transactions, engage with VALR’s OTC Trading Desk.
Farzam Ehsani, CEO and Co-founder of VALR, stated: "The listing of EURC on VALR and the ability for customers to seamlessly convert Euros to EURC via wire transfer marks a significant step in our mission to provide accessible and comprehensive cryptocurrency services. Partnering with Circle allows us to offer our customers a seamless and secure way to engage with digital assets, tailored to their diverse needs."
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
