Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesEURC (Circle)
EURC is a euro-backed stablecoin issued by Circle Internet Financial Europe SAS (France), launched in June 2022. Regulation: electronic money institution licensed by France’s ACPR (register no. 17788); EURC is an e-money token under MiCA; MiCA crypto-asset service provider authorization from the AMF (April 24, 2026). It is on ESMA’s list of e-money tokens under MiCA.
- Ticker
- EURC
- Issuer
- Circle Internet Financial Europe SAS (France)
- Pegged to
- Euro
- Type
- Fiat-backed
- Launched
- June 2022
- E-money token under MiCA
- Yes
- Latest reserve report
- August 31, 2026
- Supply
- 406,692,107 EURC
- Supply as of
- September 29, 2026
- Transparency page
- circle.com
- Checked on
Reserve assets of €393.3 million on August 31, 2026, held as cash at regulated financial institutions in segregated accounts. Reserve reporting: monthly independent examination. The latest report covers August 31, 2026. Supply: 406,692,107 EURC as of September 29, 2026, according to the issuer.
Every holder can redeem at par at any time under MiCA: businesses through a Circle Mint account, individuals through a registration form, paid to a SEPA bank account within about five business days. There is no minimum amount. The issuer lists 9 networks where the token is issued natively: Ethereum, Solana, Base, Avalanche C-Chain, Stellar, Cronos, Plasma, Worldchain and Arc.
- Token name
- EURC
- Brand
- Circle
- Regulation
- Electronic money institution licensed by France's ACPR (register no. 17788); EURC is an e-money token under MiCA
MiCA crypto-asset service provider authorization from the AMF (April 24, 2026) - Reserves
- Reserve assets of €393.3 million on August 31, 2026, held as cash at regulated financial institutions in segregated accounts.
- Reserve reporting
- Monthly independent examination
- Latest report
- 6778953.fs1.hubspotusercontent-na1.net
- Supply, millions of tokens
- 406.7
- Redemption
- Every holder can redeem at par at any time under MiCA: businesses through a Circle Mint account, individuals through a registration form, paid to a SEPA bank account within about five business days. There is no minimum amount.
- Networks (native issuance)
- Ethereum, Solana, Base, Avalanche C-Chain, Stellar, Cronos, Plasma, Worldchain, Arc
- Number of networks
- 9
- Website
- circle.com
- Sources
Page URL Circle transparency page https://www.circle.com/transparency Circle stablecoins API https://api.circle.com/v1/stablecoins EURC examination report, August 2026 https://6778953.fs1.hubspotusercontent-na1.net/hubfs/6778953/EURC%20Attestations/2026%20EURC_Examination%20Report%20August%2026.pdf MiCA EURC White Paper https://www.circle.com/legal/mica-eurc-whitepaper MiCA Redemption Policy https://www.circle.com/legal/mica-redemption-policy EEA Terms of Use https://www.circle.com/legal/eea-terms EURC Terms https://www.circle.com/legal/eurc-terms Circle licenses https://www.circle.com/legal/licenses ESMA interim MiCA register: e-money token issuers https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv
