Bithumb Lists EURC and FOLD: A New Era for Euro-Denominated Trading
Bithumb, one of South Korea's largest cryptocurrency exchanges, has announced the listing of two new digital assets: EURC and FOLD. Deposits for both will open on March 25, 2025 at 14:00 KST, with trading commencing shortly after.
EURC is a euro-backed stablecoin issued by Circle, designed to maintain a 1:1 value with the euro. It operates on multiple blockchains and is used for euro-denominated transactions in the crypto ecosystem.
FOLD, on the other hand, is the governance token of Manifold Finance, a platform providing secure middleware and liquidity solutions for decentralized finance (DeFi). Holding FOLD allows users to participate in protocol governance decisions.
The listing of EURC and FOLD marks a continued expansion of Bithumb's trading pairs and reflects broader trends in the regional crypto market. While some exchanges have been cautious about adding new tokens due to regulatory uncertainty, Bithumb appears to be confident in its compliance framework.