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A euro stablecoin backed by full reserves

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Built to a higher standard

Euro Coin (EUROC) is issued by Circle under the same full-reserve model as USD Coin (USDC), a trusted dollar digital currency with more than $55 billion in circulation.1  

Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.

  1. As of June 30, 2022
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A new era for FX & digital finance

Euro Coin is a euro-backed stablecoin that’s available 24/7 and moves at internet speed. Together, Euro Coin 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.2

Who it’s for

Euro Coin is available to anyone with an internet connection, enhancing access to the euro across borders and time zones.
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Exchanges

Enable customers to convert euros to Euro Coin and offer access to new digital asset trading pairs and near-instant stablecoin FX.

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Institutional traders

Make markets with Euro Coin and take advantage of arbitrage opportunities across digital asset exchanges and decentralized finance (DeFi).

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Businesses

Accept Euro Coin 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.

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Individuals

Pay for goods at participating merchants, transfer money quickly across borders to friends and family, and use Euro Coin throughout DeFi and the innovative Web3 ecosystem.

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Now live on Ethereum

Euro Coin is now available from Circle Account and will be supported by a growing number of ecosystem leaders, including:

Exchanges: Bitpanda, Bitget, Huobi Global

DeFi: Compound, Curve, DFX, Uniswap Protocol

Custodians: Anchorage Digital, CYBAVO, Fireblocks

Wallets: Ledger, MetaMask Institutional

As liquidity builds in the ecosystem, trading will begin on exchanges. More exchanges are expected to support Euro Coin in mid-July, including: Binance.US, Bitstamp, Bybit, and FTX.

Developers can easily integrate with the Euro Coin smart contract and tap into growing liquidity.

Access Euro Coin straight from the source

  1. Link your Silvergate Euro SEN account to your Circle Account
  2. Deposit euros into your Circle Account and receive Euro Coin
  3. Send Euro Coin on-chain to an exchange or allocate to DeFi
Open a free Circle Account

Notify me of
Euro Coin updates

Sign up to receive email notifications for Euro Coin milestones, including new blockchain launches, additional supporting exchanges, and integration with Circle’s Payments and Payouts products.

FAQ

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  2. Troy Segal. “Forex Market: Who Trades Currencies and Why”. Investopedia. August 18, 2021. Retrieved May 25, 2002 from: https://www.investopedia.com/articles/forex/11/who-trades-forex-and-why.asp#