A fully backed euro stablecoin
The leading euro stablecoin for crypto capital markets,1 EURC is MiCA-compliant and redeemable 1:1 for euro.
Get Started with EURCWhy businesses choose EURC
EURC is a euro-backed stablecoin that’s accessible globally on Avalanche, Base, Ethereum, Solana, and Stellar. Similar to USDC, EURC is MiCA-compliant and issued by Circle under a full-reserve model.
Stable & regulated2
Designed for stability, EURC is compliant with MiCA and backed 100% by euro. Euro reserves are transparently held at regulated financial institutions in the EEA with published monthly attestations.
Accessible & multi-chain
Businesses can use Circle Mint to convert euro to and from EURC, and to move EURC between different blockchain networks.
Widely used
EURC is the leading euro stablecoin for crypto capital markets,1 and is commonly used in DeFi for FX trading, borrowing and lending.
Developer-friendly
The EURC smart contract and token primitives are modeled after USDC, making it easy for developers to integrate into existing apps.
Stable & regulated2
Designed for stability, EURC is compliant with MiCA and backed 100% by euro. Euro reserves are transparently held at regulated financial institutions in the EEA with published monthly attestations.
Accessible & multi-chain
Businesses can use Circle Mint to convert euro to and from EURC, and to move EURC between different blockchain networks.
Widely used
EURC is the leading euro stablecoin for crypto capital markets,1 and is commonly used in DeFi for FX trading, borrowing and lending.
Developer-friendly
The EURC smart contract and token primitives are modeled after USDC, making it easy for developers to integrate into existing apps.
Euro-backed stability & global reach
EURC enables businesses to offer payment connectivity and euro-denominated financial services to more people in more places.
Together, EURC and USDC enable access to 24/7 FX markets where transactions can settle instantly with capital efficiency.
EURC empowers businesses to deliver direct money transfers worldwide with remittances that can settle in seconds and cost a fraction of a cent.
Hold or provide customers access to one of the world’s most stable currencies to help guard against inflation. EURC is available globally — no bank account required.
Multiple blockchains. Global access.
Avalanche is an open, programmable smart contracts platform for decentralized applications. With EVM-compatibility, developers can readily deploy their Ethereum apps on Avalanche and benefit from near-instant settlement times and lower costs.
Apps: BENQI, Cables, Curve, Dexalot, GMX, NFT-TiX, Pangolin, Platypus, Trader Joe
Wallets: Coinbase Wallet, Core, MetaMask
Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users on-chain. Built on the OP Stack, Base enables developers to confidently deploy any EVM codebase and on-ramp users and assets from Ethereum L1, Coinbase, and other interoperable chains.
Exchanges: Coinbase
DEXs: Aerodrome, Maverick Protocol, Uniswap
Wallets: Coinbase Wallet
Ethereum is open access to digital money and data-friendly services. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.
Exchanges: BitMart, Bitpanda, Bitso, Bitstamp, Bitvavo, Coinbase, Huobi, Mercado Bitcoin, Mt Pelerin, Safello
Custodians: Anchorage Digital, BitGo, Finoa, Fireblocks, Hex Trust
Wallets: Bridge Wallet, Coinbase Wallet, Core, Ledger, MetaMask
Solana is a blockchain network that supports experiences for power users, new consumers, and everyone in between. Built for speed and high throughput, Solana delivers 400 ms settlement times and the ability to handle 1,000s of transactions per second.
Apps: Cube Exchange, Jupiter Exchange, Kamino, Meteora, Orca, Phoenix, Raydium, Solend
Wallets: Coinbase Wallet, Decaf, Glow, Ottr, Phantom, Solflare, TipLink
The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption.
Exchanges: Ripio
How to start using EURC
- Businesses
- Developers
Get EURC for your business
Circle Mint allows businesses to convert EUR into EURC and vice versa, near-instantly. Today, Circle Mint is for qualified businesses and wholesale distributors of EURC.
Learn moreIntegrate EURC into your app
Build an app with EURC to deliver near-instant FX, payments, and financial services to anyone with an internet connection.
View docsFortifying trust with transparency
Circle stablecoin reserve composition and monthly attestations are publicly available, so you always know EURC is redeemable 1:1 for euro. EURC reserves are held in the management and custody of leading financial institutions and designed to provide holders with ready liquidity.
View ReservesEURC in Circulation
as of October 3, 2024
EURC Reserves*
as of October 3, 2024
FAQ
EURC (pronounced E-U-R-C) is now the official name and symbol for Circle's euro-backed stablecoin. The name “Euro Coin” and symbol “EUROC” were used in the past and are being phased out. You may continue to see the old name and symbol displayed on apps, wallets, and block explorers for a period of time as these apps and services adjust their UIs to reflect the new name and symbol.
Note: The existing token addresses remain the same; we will not be introducing a separate token. In the coming months, we will update the name and symbol on the existing token addresses to EURC, which will make it easier for apps, wallets, and block explorers to implement this naming change.
For more information, please see our blog post.
Businesses can apply for a Circle Mint account to access on/off-ramps for EURC via wire transfer.
EURC is also accessible from digital asset exchanges and apps within the Avalanche, Base, Ethereum, Solana, and Stellar ecosystems.
EURC provides a number of benefits over other euro stablecoins, including:
- EURC is compliant with MiCA and 100% backed by euro so that it’s redeemable 1:1 for euro. EURC reserves are bankruptcy remote and monthly attestation reports are conducted by a Big Four accounting firm.
- EURC is supported by Circle Mint, an institutional 1:1 on/off-ramp service offered directly from Circle at no additional cost.
- Businesses and developers who choose EURC benefit from the trust, transparency, and security of Circle – widely known as the issuer of USDC.
- Many of the largest digital asset exchanges and apps support EURC on a variety of blockchain networks, including Bitstamp, Coinbase, Ripio, Uniswap, and Jupiter Exchange.
- Circle expects to make EURC the most interoperable euro stablecoin with future support for Cross-Chain Transfer Protocol (CCTP), enabling EURC to be moved securely and transacted natively across blockchain networks.
Yes, Circle is the only major global stablecoin issuer to comply with MiCA for both EURC and USDC. Learn more.
Yes. Learn more on our Transparency page.
Circle assumes the interest rate risk on EURC reserves.
Yes, EURC on a supported blockchain can be quickly and easily swapped to EURC on any other supported blockchain with Circle Mint and its APIs. EURC is supported on Avalanche, Base, Ethereum, Solana, and Stellar.
Circle Mint and its APIs make it easy for wallets, exchanges, custodians and more to rebalance their holdings of EURC across supported chains at no additional cost.