What is the current price of EURC (EURC)?

The current price of EURC (EURC) is 1.8073138033921614 AUD, representing a -0.63 from the day prior.

Can I buy EURC (EURC) on Coinstash?

Yes - you can easily buy and sell EURC (EURC) on Coinstash. Simply login or sign up, to start buying EURC (EURC) in minutes.

Where is the best place to buy EURC (EURC) in Australia?

The best place to buy EURC (EURC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell EURC (EURC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of EURC (EURC)?

The trading volume of EURC (EURC) is 105.8M AUD in the last 24hrs, representing a -0.63 from the day prior.

How can I buy EURC (EURC)?

EURC (EURC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of EURC (EURC)?

The current market cap of EURC (EURC) is 312.4M AUD.

Can I convert EURC (EURC) to cash?

Yes - With Coinstash you can convert your EURC (EURC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many EURC (EURC) are there?

The current circulating supply of EURC (EURC) is 173.0M.

Is Coinstash a safe place to buy EURC (EURC) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling EURC (EURC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy EURC

What is EURC?

EURC is a euro-backed stablecoin issued by Circle, designed to offer a stable, regulated, and accessible digital representation of the euro on multiple blockchain networks. It aims to bridge traditional finance and decentralised finance (DeFi) by providing a fully backed and MiCA-compliant euro stablecoin for crypto markets.

How does EURC work?

EURC operates on multiple blockchain networks, including Ethereum, Avalanche, Base, Solana, and Stellar. It is 100% backed by euro reserves held in regulated financial institutions. Key functionalities include:

Redeemability: Users can redeem EURC 1:1 for euros.
Transparency: Reserves are managed with monthly attestations for accountability.
Smart Contracts: EURC uses smart contracts for issuance, transfers, and management, modelled after USDC for ease of integration.

The token’s compliance with MiCA (Markets in Crypto-Assets) regulation ensures its legitimacy and security within the evolving regulatory framework.

What are the potential use cases for EURC?

EURC has a variety of real-world applications across multiple sectors, including:

Cross-Border Payments: Facilitating efficient and low-cost euro transactions globally.
FX Trading: Supporting 24/7 foreign exchange trading.
DeFi Liquidity: Providing liquidity in decentralised finance protocols.
Hedging: Acting as a stable asset for countries with volatile currencies.
E-Commerce: Enabling euro-based digital payments for online businesses.

Industries such as DeFi, international finance, cryptocurrency trading, and e-commerce benefit from EURC’s capabilities.

What is the history of EURC?

EURC was introduced by Circle, the company behind USDC, to expand its stablecoin offerings to the euro.

Key Milestones:

2022: Launched as Euro Coin (EUROC).
September 2023: Rebranded to EURC to enhance brand consistency.
Licensing Efforts: Applied for E-Money Institution status in France.
Multi-Chain Expansion: Added support for multiple blockchains, including Solana and Base.

Evolution:

EURC has grown into a multi-chain, MiCA-compliant euro stablecoin, gaining adoption in crypto capital markets. Its focus on transparency and regulatory compliance positions it as a trusted digital euro for DeFi and global payments. Circle’s ongoing efforts to align with MiCA regulations by June 2024 demonstrate its commitment to fostering trust and accessibility for EURC users.