About EURC
EURC is a euro-backed stablecoin issued by Circle, redeemable one-to-one for euros. Circle announced the project in June 2022 under the name Euro Coin with the ticker EUROC, later standardizing both the name and ticker to EURC. The token first launched on Ethereum on June 30, 2022, and has since expanded to Avalanche, Solana, Stellar, and Base. EURC is not a proof-of-work or proof-of-stake network. It is a fiat-backed token that operates across multiple chains, with its supply managed through minting and redemption against euro reserves held by Circle. EURC is a stable payment and settlement asset and is not used for staking or governance. Its primary use cases are digital euro payments, treasury management, and on-chain settlement and liquidity for businesses and individuals who want euro exposure on-chain. The supply is uncapped and elastic, with circulating supply determined by reserve-backed issuance and redemption. In early September 2026, circulating supply was roughly 397.7 million euros.
ECB survey finds over a third of euro area crypto holders own stablecoins
The growing stablecoin adoption in Europe signals potential shifts in financial stability, necessitating vigilant regulatory oversight.
Visa expands stablecoin settlements to weekends and holidays
Visa's expanded stablecoin settlements enhance liquidity and operational efficiency for financial institutions, enabling 24/7 transactions.
Euro-pegged stablecoin supply reaches record €751 million
The euro stablecoin market's growth highlights regulatory success but also risks from issuer concentration and potential bank competition.
Circle’s Cross-Chain Transfer Protocol passes $300 billion in all-time volume
Circle's CCTP milestone highlights the growing importance of seamless cross-chain transactions, potentially reshaping blockchain interoperability.
Solana adds $22M in euro stablecoins in one week, outpacing every other chain
Solana's rapid euro stablecoin growth highlights its rising influence in the crypto market, potentially challenging Ethereum's dominance.
Circle Gateway adds cirBTC and EURC to its unified crosschain balances
Circle's Gateway expansion enhances cross-chain liquidity and efficiency, reducing capital requirements and facilitating seamless euro and Bitcoin transactions.
A sourced map of EURC's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on EURC and the wider market, hosted by our team, will appear here once episodes are live.