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Euro Coin

Euro Coin (EUROC)

$ 1.12
-0.04 %
Main info
News
Comments
Markets
Analytics
Market cap
$249.42M
-0.04 %
Volume (24h)
$4.64K
-0.04 %
Circulating supply
221,937,434 EUROC
Total supply
221,937,434 EUROC

Key data

updated $0
Market cap$249.42M
Volume 24h$4.64K
Circulating supply221.94M

Euro Coin (EUROC) is a stablecoin pegged one-to-one to the euro, issued by Circle — the same company behind the USDC stablecoin. In simple terms, it's a digital version of the euro that lives on blockchains, so you can move it around the clock without banks or borders. Each EUROC token is backed by euro-denominated reserves held in regulated financial institutions.

Frequently asked questions

What is Euro Coin (EUROC) and how is it different from other cryptocurrencies?

EUROC is a stablecoin, meaning its value is designed to stay at 1 euro rather than fluctuate like Bitcoin or Ethereum. Unlike speculative coins, it exists to give people a stable, digital form of the euro for payments and transfers. It was launched by Circle, the issuer of USDC, one of the largest dollar stablecoins.

How does Euro Coin work technically?

EUROC is issued as an ERC-20 token on Ethereum and also operates on other major blockchains, which makes transfers fast and cheap across networks. Circle manages issuance and redemption, and the tokens are backed by reserves held in regulated financial institutions. Regular attestations by independent auditors are published to confirm the reserves match the circulating supply.

How is the supply of EUROC created?

The supply is fully collateralized: new tokens are minted only when someone deposits euros with Circle, and tokens are burned when they are redeemed. This means the total supply grows and shrinks with real demand rather than a fixed schedule or mining. It's a demand-driven model typical of fiat-backed stablecoins.

How can you store and use EUROC?

You can keep EUROC in any wallet that supports the blockchains it runs on, such as Ethereum-compatible wallets like MetaMask or hardware wallets. People commonly use it for cross-border transfers, trading on exchanges, earning yield in DeFi, or simply holding a euro-denominated asset in crypto form. Redemption to actual euros is available through Circle for verified users.