Question 1

What is Euro Coin (EURC)?

Accepted Answer

The Euro Coin (EURC) is a stablecoin issued by Circle Internet Financial, a global internet finance company also responsible for USD Coin (USDC). The EURC is designed to maintain a 1:1 peg to the euro and is fully backed by euro reserves held in regulated financial institutions within the European Economic Area (EEA). It is accessible on multiple blockchain networks, including Avalanche, Base, Ethereum, Solana, and Stellar. The coin aims to provide stability and transparency, with monthly attestations confirming its reserves.

Question 2

What is Euro Coin (EURC) used for?

Accepted Answer

The EURC is used to facilitate fast, efficient, and low-cost cross-border payments denominated in euros. It is widely employed in decentralised finance (DeFi) applications for purposes such as foreign exchange (FX) trading, borrowing, and lending. By combining EURC with USDC, users gain access to 24/7 FX markets, enabling instant settlement of transactions with capital efficiency. Additionally, the EURC provides businesses with the ability to offer euro-denominated financial services globally and to store value in a stable currency.

Question 3

Who created Euro Coin (EURC)?

Accepted Answer

The Euro Coin (EURC) was created by Circle Internet Financial, the same company behind USD Coin (USDC). Circle is a prominent provider of internet-based financial services, focusing on blockchain-powered payments and infrastructure. The EURC was launched on 30 June 2022, following the same full-reserve model as USDC. This ensures that each EURC token is backed 1:1 by euros held in euro-denominated bank accounts, establishing a foundation of trust and stability for the coin.

#	Instrument	Börse	Benchmark-Bewertung	Preis	24h Änderung	24h Volumen	24h Handel	24h Eröffnung	24h Hoch
1	EURC-USDC EURCUSDC	bullish	AA	1,15USDC	-0,08%	12 725 674,36EURC	33 454	1,15USDC	1,15USDC
2	EURC-USDC EURC-USDC	coinbase	AA	1,15USDC	-0,08%	4 303 291,00EURC	13 899	1,15USDC	1,15USDC
3	EURC-EUR EURCEUR	kraken	AA	1,00EUR	0,01%	847 042,91EURC	633	0.9999EUR	1,00EUR
4	EURC-USD EURCUSD	kraken	AA	1,15USD	-0,11%	715 927,16EURC	2 559	1,15USD	1,15USD
5	EURC-USDC EURCUSDC	kraken	AA	1,15USDC	-0,11%	156 603,42EURC	88	1,15USDC	1,15USDC
6	EURC-EUR eurceur	bitstamp	AA	0.9999EUR	1,00%	11 982,60EURC	119	0.9900EUR	0.9999EUR
7	EURC-USDC eurcusdc	bitstamp	AA	1,14USDC	0,19%	8 434,26EURC	64	1,14USDC	1,15USDC
8	EURC-USD EURC-USD	okex	A	1,14USD	-0,23%	1 887,71EURC	10	1,15USD	1,15USD
9	EURC-USDC EURCUSDC	cexio	BB	1,15USDC	-0,02%	625,00EURC	2	1,15USDC	1,15USDC
10	EURC-USD EURC_USD	cryptodotcom	AA	1,14USD	0,00%	0EURC	0	1,14USD	1,14USD
11	EURC-EUR EURCEUR	bit2me	B	0.9998EUR	-0,03%	190 360,43EURC	795	1,00EUR	1,00EUR
12	EURC-KRW KRW-EURC	upbit	B	1 566,00KRW	-0,63%	165 368,77EURC	427	1 576,00KRW	1 590,00KRW
13	EURC-KRW EURC_KRW	bithumbkorea	-	1 573,00KRW	-0,19%	55 766,86EURC	232	1 576,00KRW	1 587,00KRW
14	EURC-EUR EURC-EUR	bitvavo	B	0.9990EUR	0,00%	3 809,89EURC	28	0.9990EUR	1,00EUR
15	EURC-USDT EURCUSDT	coinex	C	1,16USDT	0,33%	2 390,63EURC	1 782	1,15USDT	1,16USDT
16	EURC-USDC EURC-USDC	bitvavo	B	1,15USDC	0,00%	0EURC	0	1,15USDC	1,15USDC
17	EURC-USDT eurocusdt	huobipro	C	1,14USDT	-0,01%	1 335,29EURC	92	1,15USDT	1,15USDT
18	EURC-BRL EURC-BRL	mercadobtc	C	5,94BRL	-0,66%	6 215,76EURC	13	5,98BRL	6,09BRL
19	EURC-USDC EURCUSDC	valr	D	1,15USDC	0,10%	450,30EURC	1	1,15USDC	1,15USDC
20	EURC-USDT USDT-EURC	upbit	B	1,16USDT	0,00%	0EURC	0	1,16USDT	1,16USDT