A euro stablecoin backed by full reserves
Built to a higher standard
EURC is a euro-backed stablecoin that’s accessible globally on Avalanche and Ethereum. Similar to USDC, EURC is issued by Circle under a full-reserve model.
Designed for stability, EURC is 100% backed by euro held in euro-denominated bank accounts so that it’s always redeemable 1:1 for euro.
A new era for FX & digital finance
EURC is a euro-backed stablecoin that’s available 24/7 and moves at internet speed. Together, EURC and USDC unlock new possibilities for multi-currency digital finance and near-instant foreign exchange, where daily volume in traditional markets can top $6.6 trillion globally.1
Who it’s for
EURC is available to anyone with an internet connection, enhancing access to the euro across borders and time zones.
Accept EURC payments to expand your customer base and get faster cash flow. Make payments globally to suppliers, vendors and employees with funds that can settle in minutes.
Easily integrate EURC into apps on both Ethereum and Avalanche. As a multi-chain stablecoin, developers can build on the network that best suits their needs.
Enable customers to convert local fiat currency to and from EURC, and offer access to 24/7 near-instant FX alongside USDC.
Make markets with EURC across exchanges and provide liquidity to borrowing and lending services throughout the multi-chain ecosystem.
Multiple chains. Global access.
EURC is natively available on Ethereum and Avalanche. As an always-on stablecoin, EURC can be sent, spent, and traded around the globe 24/7, with low cost transactions that can settle in seconds.
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.
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.
Stability you can trust
As a fully reserved stablecoin, EURC is 100% backed by euro, so that it’s always redeemable 1:1. EURC reserves are bankruptcy remote, which means they are held separately from Circle’s operating funds. Every month, attestations provide assurance that the value of EURC reserves are greater than the amount in circulation.
As of September 21, 2023
Issuance and Redemption
7 day change
30 day change
365 day change
Access EURC straight from the source
- Submit your business information to apply for a Circle Account.
- Deposit euro via wire transfer to receive EURC.
- Send EURC on-chain to an exchange or digital wallet.
Businesses can apply for a Circle Account to access on/off-ramps for EURC via wire transfer.
EURC is also accessible from digital asset exchanges and apps within the Avalanche and Ethereum ecosystems.
EURC is 100% backed by euro held in euro-denominated bank accounts so that it’s always redeemable 1:1 for euro.
Circle aims to bring EURC to many of the world’s leading blockchains for broad ecosystem support and interoperability. Developers who have integrated USDC into their apps should find it easy to add support for EURC.
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 Account and Circle APIs.
Circle Account and Circle APIs make it easy for wallets, exchanges, custodians and more to rebalance their holdings of EURC across supported chains at no additional cost.