Sling Money is built to make it possible to send money to almost anyone in the world instantly, at extremely low cost, without having to think about currencies or banking infrastructure.
Sling Money makes this possible by using stablecoins on a blockchain called Solana. Initially, we started with USDC, a digital dollar made by Circle Internet Financial in the United States. More recently, we switched to using USDP, a digital dollar issued by Paxos Trust Company, a regulated financial institution.
Today, we’re excited to announce that Sling Money now supports EURC, a digital euro also created by Circle Internet Financial. EURC is a stablecoin fully backed by euro reserves, providing a seamless way to send and receive euros on-chain.
This expansion allows users to transact in euros as easily as they do with digital dollars. Whether you're sending money to friends, paying for services, or managing international transactions, EURC provides a fast and low-cost solution.
The next time you open Sling Money, you’ll have the option to add EURC to your wallet. Other than this new currency option, there are no changes to how Sling Money works or the value of your Sling Wallet.
We’re excited to bring you more flexibility and global reach. Stay tuned for more updates as we continue to expand our capabilities!