EURC · EURC

Field-level summary. The source class describes the kind of source backing each row (see source classes). Live values come from the latest tracked snapshot (30 Sept).

The live KPI strip, supply chart, chain table and activity series above are the on-page market data for EURC. They are computed by eurostablecoins.xyz from on-chain snapshots and identified treasury balances; they are not asserted as the issuer’s own reported figures.

Latest tracked circulating supply: €412.32M · 9 tracked chains · snapshot 30 Sept.

Latest tracked total on-chain supply: €474.51M; identified Circle treasury balances subtracted to compute circulating: €62.18M. The per-chain breakdown and raw treasury figures are exposed through the developer API.

The AMF white-list lists CIRCLE INTERNET FINANCIAL EUROPE SAS. Two AMF entries apply, both verified directly from the AMF’s public register:

• AMF DASP / PSAN registration E2024-111, registered 15 April 2024. Services as listed by the AMF: custody of digital assets and trading of digital assets against other digital assets [S8]. The DASP regime applies until the earlier of 30 June 2026 or full CASP authorisation.
• AMF MiCA / CASP authorisation N2026-005, authorised 23 April 2026. The AMF page records that Circle Internet Financial Europe SAS is authorised by the ACPR with the AMF’s assent under the MiCA Article 60 notification procedure (EU Regulation 2023/1114), and lists the services covered: custody and administration of crypto-assets for clients, and transfer of crypto-assets for clients [S9].

Circle’s EURC MiCA white paper separately records the LEI 969500OYUDADGZKCR583 and the trading name Circle France [S2]. The ACPR EMI registration number is noted in the key facts table above.

The white paper also records that EURC was first issued by Circle LLC in June 2022 and that from 1 July 2024 Circle LLC ceased issuing EURC and Circle SAS became the sole issuer [S2]. Circle’s blog records that Euro Coin / EUROC has been phased out in favour of EURC and that existing token addresses remain the same [S6].

Circle’s EURC white paper defines EURC as an e-money token under Article 3.1(7) of MiCA and records that, as of the white paper date, EURC did not constitute a significant e-money token under Article 56 [S2]. This statement is an Issuer-document fact.

The AMF MiCA / CASP white-list entry for Circle Internet Financial Europe SAS describes the issuer’s CASP services authorisation (custody, administration and transfer of crypto-assets for clients) under MiCA Article 60 [S9]. It does not itself classify EURC’s token type; the token-type statement above therefore remains Issuer-document fact, not Regulator-sourced fact.

Shown for reference, not a legal opinion. Full context on the MiCA reference page.

Circle’s EURC white paper records that every EURC issued by Circle SAS and remaining in circulation is backed by euro or equivalent EUR-denominated assets, redeemable 1:1 for euro [S2]. Circle’s transparency page records that USDC and EURC are fully backed by highly liquid fiat reserves held separately from Circle operating funds, and publishes EURC reserve reports there [S3].

The white paper records that holders have redemption rights at par value and that the redemption process and conditions are described in Circle’s redemption policy[S2]. The product page and white paper also record that EURC is only available for issuance through Circle Mint and that Circle Mint access is limited to institutions in supported jurisdictions [S1][S2].

Two chain lists apply to EURC and they have a different basis. The eurostablecoins.xyz tracked chains are the chains shown in the live chain table above, with per-chain supply derived from on-chain totals and the issuer-treasury subtraction. Currently tracked: Ethereum, Solana, Base, Stellar, Avalanche, Arc, World Chain, Cronos, Plasma.

Circle’s developer documentation separately lists EURC support in Circle Mint and Circle’s API on Avalanche C-Chain, Base, Ethereum, Solana, Stellar and World Chain [S4][S5].

The two lists describe different things — Circle developer docs reflect Circle Mint / API availability; eurostablecoins.xyz reflects on-chain deployments the site currently snapshots — and they can differ in scope and timing.

EURC peg data shown on eurostablecoins.xyz reflects independent public market price sources where available. A redemption right or issuer statement is not treated as a market price feed. Rolling 7-day and 30-day deviation are computed from the daily EUR price series.

Peg coverage status for EURC and every other tracked coin, with stale-data thresholds and known gaps, is on data coverage. The methodology behind rolling deviation is on methodology.

The supply chart and the mint/burn and transfer-volume series above are the historical context for this page. eurostablecoins.xyz does not annotate specific historical movements without an attributable source: supply changes can reflect minting, burning, treasury movement, chain migration, exchange-inventory changes or other on-chain activity.

eurostablecoins.xyz exposes EURC data through the v1 API (an active €49/month subscription and API key are required). All endpoints return JSON, are CORS-enabled and are stable under /api/v1/*. The deep-link list further down on this page is the canonical inventory; below is a narrative summary of the EURC-specific paths:

• /api/v1/coins/eurc — EURC metadata and current state.
• /api/v1/supply/eurc — latest EURC supply snapshot (total, circulating, treasury, per-chain).
• /api/v1/supply/eurc/{chain} — latest EURC supply on a specific tracked chain.
• /api/v1/history/supply/eurc — daily EURC supply history (period: 7d|30d|90d|1y|2y|max).
• /api/v1/peg/eurc — latest EURC peg metrics.
• /api/v1/history/peg/eurc — daily EURC peg history.
• /api/v1/history/mint-burn/eurc — daily EURC mint and burn activity.
• /api/v1/history/transfer-volume/eurc — daily transfer volume and active addresses.
• /api/v1/holders/eurc — latest EURC holder snapshot.

Every endpoint returns a source field and a timestamp; cite both when reproducing values. Full contract / endpoint reference is on /docs.

Supply, circulating supply, market share, chain distribution, peg data, historical series, holders, mint/burn and transfer-volume on this page are computed by eurostablecoins.xyz from on-chain snapshots and identified treasury balances. Values refresh on cron cadence and are not real-time tick-by-tick.

Issuer identity, MiCA token type, reserve model, redemption process and Circle’s developer chain list are drawn from Circle’s white paper, transparency page, developer documentation and blog. Use-case framing on Circle’s product page is shown as issuer positioning, not as independent verification. The AMF white-list entries (S8, S9) are used directly for the issuer’s DASP / PSAN and MiCA / CASP authorisation rows in the key facts above.

Specific cross-source gaps on this page: the ACPR EMI registration number discrepancy is noted in the key facts table above; the auditor of record appears in the site’s fact sheet but no public URL is cited here; Circle developer-doc chains and eurostablecoins.xyz tracked chains can differ in scope and timing.

The six source classes used across the site are defined on /about#source-classes with the writing rules at /about#writing-rules. Per-metric coverage status is on /data-coverage; MiCA labels across the tracked universe are on /mica-stablecoins; endpoint documentation is on /docs.

What is EURC?

EURC is Circle’s euro-denominated stablecoin. Circle’s EURC white paper states it is euro-backed and redeemable 1:1 for euro under a full-reserve model. eurostablecoins.xyz tracks EURC as a public EUR-denominated stablecoin with multi-chain supply data and peg coverage where independent price sources are available.

Who issues EURC?

Circle’s EURC MiCA white paper identifies Circle Internet Financial Europe SAS, trading as Circle France, as the issuer, with LEI 969500OYUDADGZKCR583. The white paper states that Circle SAS became the sole issuer of EURC from 1 July 2024.

Was EURC previously called EUROC?

Circle’s blog states that Euro Coin and EUROC are being phased out in favour of EURC, that existing token addresses remain the same and that no separate token is introduced.

Is EURC an e-money token under MiCA?

Circle’s EURC white paper defines EURC as an e-money token under Article 3.1(7) of MiCA. The same white paper states that, as of its date, EURC was not a significant e-money token under Article 56.

Which chains does EURC use?

eurostablecoins.xyz tracks EURC across the chains listed in the chain coverage section on this page (Market-data observed). Separately, Circle developer documentation lists EURC as supported in Circle Mint / API contexts on Avalanche C-Chain, Base, Ethereum, Solana, Stellar and World Chain (Issuer-document fact). The two lists may differ in scope and timing — see Conflicting or incomplete source coverage.

Is EURC always redeemable for euro?

Circle’s EURC white paper states that holders have redemption rights at par value and describes the redemption process and conditions in Circle’s redemption policy.

Why can EURC supply differ between eurostablecoins.xyz, Circle and other trackers?

Different sources can use different methodologies, snapshot timing, chain coverage, treasury treatment and circulating-supply assumptions. eurostablecoins.xyz subtracts identified Circle treasury balances on Ethereum and Solana to compute circulating supply where the treasury wallet is publicly labelled (Market-data observed). Raw on-chain totals and the per-chain breakdown are exposed through the developer API.

Sources are grouped by source class so readers can see what kind of source backs each set of claims.

When citing eurostablecoins.xyz data, include the page or endpoint URL and the access date.