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Euro Coin
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 Fiat

Collateral Type

Fiat-Backed

Issuer

Circle