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.
OKX expands euro-native trading with EURC through unified order book
OKX's euro-native trading expansion could enhance market efficiency and liquidity for European traders, reducing reliance on USD conversions.
Deutsche Bank and JPMorgan build on Ethereum for institutional services
The integration of Ethereum by major banks could accelerate institutional adoption of blockchain, enhancing liquidity and asset tokenization.
France delays budget vote carrying stablecoin swap tax to November 3
The proposed tax on stablecoin swaps could reshape crypto investment strategies in France, impacting market dynamics and regulatory compliance.
Circle’s EURC adds $4.8 million in a week as euro stablecoins keep inching up
EURC's growth highlights the increasing diversification in stablecoin markets, potentially reducing reliance on USD-backed assets globally.
Aave V4 opens dollar-euro borrowing on Circle’s Arc network
Aave V4's new feature could enhance euro liquidity in DeFi, testing risk management and potentially influencing stablecoin market dynamics.
Visa Direct takes USDC prefunding live, with Inyo Global first in line
Visa's USDC prefunding integration enhances liquidity management, enabling 24/7 cross-border payouts and signaling stablecoin adoption growth.
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.