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Rank #34EURCFiat-Backed
Euro Coin
Pegged to
EUR
Market Cap
$110.00M
24h Volume
$10.00M
Circulating Supply
110.00M EURC
Total Supply
110.00M EURC
Peg Target
EUR
Collateral Type
Fiat-Backed
Issuer
Circle
Launch Date
30-06-2022
About Euro Coin
Euro Coin (EURC) is Circle's euro-backed stablecoin, the sister product to USDC. Each EURC is backed 1:1 by euros held in euro-denominated bank accounts. EURC benefits from Circle's USDC infrastructure, regulatory compliance, and trust. It is designed for European payments, remittances, and DeFi applications. With MiCA regulation coming into effect in the EU, EURC is positioned as a compliant euro stablecoin for the European market. It is available on multiple chains and is supported by Coinbase and other major platforms.
Pros
- Backed by Circle — trusted USDC issuer
- MiCA regulatory positioning
- Growing exchange support
- Multi-chain availability
Cons
- Still early in adoption curve
- Euro demand in crypto is lower than USD
- Centralised with freeze capability
- Competing with growing EUR stablecoin market
Key Features
EUR 1:1 reserve backing
Issued by Circle (USDC issuer)
MiCA-compliant framework
Multi-chain deployment
Monthly reserve attestations
Cross-chain transfer capability
Stablecoin Information
Category
Non-USD FiatCollateral Type
Fiat-BackedIssuer
Circle