EURC
Euro Coin is a stablecoin issued by Circle, using the same reserve model as USD Coin (USDC). It is designed to maintain stability and is backed by funds held in bank accounts denominated in EUR held in bank accounts denominated in EUR to provide 100%support. Euro Coin (EUROC) can be redeemed at a 1: 1 ratio for EUR currency.
Overview
Euro Coin is a stablecoin issued by Circle, using the same reserve model as USD Coin (USDC). It is designed to maintain stability and is backed by funds held in bank accounts denominated in EUR held in bank accounts denominated in EUR to provide 100%support. Euro Coin (EUROC) can be redeemed at a 1: 1 ratio for EUR currency.
- Sector
- # Stablecoins
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
Visa reported that annualized stablecoin settlement volume surpassed 25000000000 USD
Visa At the 2026 fiscal year fourth-quarter earnings conference call, it said that annualized stablecoin settlement transaction volume exceeded 25000000000 USD, up approximately 10 times year over year, and that related cross-border fund flows had entered the commercial production stage.
Deutsche Bank plans to launch crypto custody in Germany within weeks and plans to expand to Asia in 2027
Citing Reuters, PANews stated that Deutsche Bank plans to launch crypto-asset custody services for corporate and institutional clients in Germany within weeks, and plans to 2027 expand to Asia in.
Circle and Tereina partnership to bring USDC and EURC into SAP enterprise payment systems
BlockBeats reports that Circle and SAP are partnering with Tereina, supported by SAP Cloud ERP to incorporate USDC and EURC into SAP enterprise payment processes, and provide them to eligible businesses through SAP Pay. The two parties plan to conduct a customer validation program over the coming months.
Circle Responding to the EU MiCA review consultation, recommends retaining the multiple-issuer structure
Circle said it responded to the European Commission’s targeted consultation on MiCA, advocating retention of a structure under which global stablecoins are jointly issued by EU and overseas regulated entities, together with the establishment of equivalence and recognition arrangements.
Token Terminal Data:USDT over the past 7 days, added 845900 holders
PANews cited Token Terminal data as saying that over the past 7 days,USDT added 845900 holders, higher than the USDC 390800 holders.
Multiple fiat-backed stablecoins in South Korea have seen severe premiums; industry calls for improved circulation mechanisms