EURC EURC

Euro Coin is a euro-backed stablecoin that is designed to provide a digital representation of the euro currency. It is available 24/7 and operates at internet speed, allowing for faster and more efficient transactions. Euro Coin aims to enhance access to the euro across borders and time zones, making it available to anyone with an internet connection. It will initially launch on the Ethereum blockchain and later expand to support additional blockchains. Euro Coin can be accessed through Circle Accounts and exchanges, where users can convert euros to Euro Coin, trade with it, and withdraw it to digital wallets. As of April 27, 2023, Euro Coin has over €48 million in circulation.

Euro Coin is unique among other cryptocurrencies because it is built to the same regulatory standards and principles of transparency, accountability, and trust as USDC, a leading dollar digital currency. It aims to bring faster, inexpensive transactions to global commerce and unlock new opportunities for multi-currency digital finance and on-chain foreign exchange. Euro Coin is backed by Circle, a trusted and regulated financial institution, and it has a stable value tied to the euro. Additionally, Euro Coin will be launched on the Ethereum blockchain initially, with support for additional blockchains expected later, making it compatible with a wide range of wallets, protocols, and blockchain services.