A euro stablecoin backed by full reserves
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.
- As of June 30, 2022
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
Exchanges
Enable customers to convert euros to Euro Coin and offer access to new digital asset trading pairs and near-instant stablecoin FX.
Institutional traders
Make markets with Euro Coin and take advantage of arbitrage opportunities across digital asset exchanges and decentralized finance (DeFi).
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.
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.