Euro Coin (Avalanche)

EURC

EURO Coin is a fully collateralized stablecoin issued and backed by Circle (a licensed custodian)

Risk Rating
Best
Summary
Information
Blockchain
  • Avalanche
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
Asset Strength

EURC is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services.

EURC is a stablecoin that usually trades within 20bps of its peg to EUR, which makes it a solid store of value.

Asset Tokenomics

EURC does not have a supply schedule. EUROC on Ethereum is backed 1:1 by EUR reserves held with a licensed custodian (Circle). EUROC is fully redeemable for its Euro reserves, providing an effective mechanism to retain the peg to €1.

Dependencies

Euro Coin (Avalanche) has no dependencies.

Things to know about EURC
EURC Pools
Trader Joe EUR-USD Market Making (Auto Pool)
2.29%
Yield 30d
$2M
TVL
Risk
C
Chain
Avalanche