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
