Kamino Finance Launches EURC Incentive Program on Solana

Kamino Finance has launched a new incentive program for Circle’s EURC stablecoin on the Solana blockchain, aiming to boost euro-denominated digital assets and expand their use within the network. 🤝 This initiative will leverage Circle’s established regulatory compliance with USDC, enhancing liquidity and adoption for euro-backed cryptocurrencies. 💰 The program has already seen increased Solana network activity as users engage in liquidity mining activities utilizing EURC. Increased access to EURC could drive institutional and retail market engagement, leading to a more accessible and dynamic euro-denominated trading ecosystem. 🚀 This could ultimately lead to changes in Eur/USD trading volumes on broader platforms, driving further innovation in the stablecoin space. 🌍 Developers can now utilize EURC and $USDC for innovative financial services like always-on FX, cross-border payments, and remittances.