A fully backed euro stablecoin

The leading euro stablecoin for crypto capital markets, EURC is fully reserved so that it’s always redeemable 1:1 for euro.

Get Started with EURC
eurc-hero

Why businesses choose EURC

EURC is a euro-backed stablecoin that’s accessible globally on Avalanche, Ethereum, Solana, and Stellar. Similar to USDC, EURC is issued by Circle under a full-reserve model.

Bank

Stable & regulated1

Designed for stability, EURC is backed 100% by euro. Euro reserves are transparently held at regulated financial institutions with published monthly attestations.

Multichain

Accessible & multi-chain

Businesses can use Circle Mint to convert euro to and from EURC, and to move EURC between different blockchain networks.

World

Widely used

EURC is the leading euro stablecoin for crypto capital markets,2 and is commonly used in DeFi for FX trading, borrowing and lending.

Code

Developer-friendly

The EURC smart contract and token primitives are modeled after USDC, making it easy for developers to integrate into existing apps.

Bank

Stable & regulated1

Designed for stability, EURC is backed 100% by euro. Euro reserves are transparently held at regulated financial institutions with published monthly attestations.

Multichain

Accessible & multi-chain

Businesses can use Circle Mint to convert euro to and from EURC, and to move EURC between different blockchain networks.

World

Widely used

EURC is the leading euro stablecoin for crypto capital markets,2 and is commonly used in DeFi for FX trading, borrowing and lending.

Code

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.

Trade real-time FX and DeFi markets

Together, EURC and USDC enable access to 24/7 FX markets where transactions can settle instantly with superior capital efficiency.

Make fast, efficient cross-border payments

EURC empowers businesses to deliver direct money transfers worldwide with remittances that can settle in seconds and cost a fraction of a cent.

Store value in euro

Hold or provide customers access to one of the world’s most stable currencies to help guard against inflation. EURC is available to anyone globally — no bank account required.

Multiple blockchains. Global access.

avalanche-icon
EURC on Avalanche
Token Standard ERC-20
Token Standard ERC-20

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

eth-icon
EURC on Ethereum
Token Standard ERC-20
Token Standard ERC-20

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, BitpandaBitso, Bitstamp, BitvavoCoinbaseHuobi, Mercado Bitcoin, Mt PelerinSafello

Apps: Curve, DFX, Uniswap

Custodians: Anchorage Digital, BitGo, Finoa, Fireblocks, Hex Trust

Payments: BitPay, B2BinPay

Wallets: Bridge Wallet, Coinbase Wallet, Core, Ledger, MetaMask

solana-icon
EURC on Solana
Token Standard SPL

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

stellar-icon
EURC on Stellar
Token Standard Stellar Asset
Token Standard Stellar Asset

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

Wallets: Ripio, Lobstr

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 more
eurc-get-started

Integrate EURC into your app

Build an app with EURC to deliver instant FX, payments, and financial services to anyone with an internet connection.

View docs
eurc-get-started

Fortifying 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 Reserves
€36.4M

EURC in Circulation

as of June 20, 2024

€37.2M

EURC Reserves*

as of June 20, 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, Ethereum, Solana, and Stellar ecosystems.

EURC provides a number of benefits over other euro stablecoins, including:

  • EURC is 100% backed by euro so that it’s always 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.

When the MiCA regulation enters into application for e-money tokens (EMTs) in June 2024, businesses are expected to adhere to MiCA requirements. Circle has applied for the necessary licenses to become an E-Money Institution in France and make EURC a MiCA-compliant EMT ahead of MiCA entering into application.

Yes. Always. 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, 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.

2 EURC Stablecoin Market Share, Retrieved January 16, 2024
* EURC is backed by the equivalent value of euro denominated assets held as reserves for the benefit of EURC holders. Cash is held at US financial institutions.