EURC (Avalanche)

EURC

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

Risk Rating
Best
$1.13
-0.25%
What is EURC (Avalanche)?

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Information
Blockchain
  • Avalanche
Info
Key Metrics
  • Market Cap: $229.8M
  • Fully Diluted Valluation: $229.8M
  • FDV / MC: 1
  • Ranking inside Exponential (among stables): #12
  • Circulating Supply: 203,598,752
  • Total Supply: 203,598,752
  • Volume (24H): $48.5M
  • ATH: $1.35 (03/14/2023)
  • ATL: $0.05 (12/09/2022)
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.

Dependencies

EURC (Avalanche) has no dependencies.

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.

Things to know about EURC

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