EURC (EURC) is a euro-backed stablecoin issued by Circle. It represents a digital version of EUR value for crypto markets, payments, and on-chain applications. Instead of trying to create a new floating-price asset, EURC exists to bring euro-denominated value into the crypto ecosystem in a familiar, transferable form. For readers comparing stable assets, it belongs to the broader category of stablecoins.
History, founders, project achievements of EURC
EURC was created by Circle, the financial technology company co-founded by Jeremy Allaire and Sean Neville in 2013. Circle is also known for USDC, and EURC extends a similar idea to the euro: a blockchain-based asset that represents euro value rather than U.S. dollar value.
The asset launched in 2022 under the name Euro Coin, with EUROC as its original ticker. It was later renamed EURC as Circle aligned the branding of its stablecoin products. The name change did not alter the basic purpose of the asset: EURC is meant to track the value of 1 EUR and make euro-denominated transfers easier across supported crypto networks.
EURC represents a claim on euro-denominated value issued by Circle. At a high level, the model is straightforward: the token is intended to stay close to the euro because it is issued and redeemed around that reference value. This makes EURC useful for people who want exposure to EUR value without leaving the crypto environment. The concept is closely related to a peg and depeg, where an asset aims to follow another asset or currency.
Although EURC is designed to maintain a value close to 1 EUR, its market price can fluctuate due to market volatility, changes in supply and demand, liquidity, or temporary deviations from its peg. That is why the live EURC price shown on an exchange page may differ slightly from exactly one euro at a given moment.
The project’s practical role is strongest where euro value matters: international transfers, treasury management, trading pairs, decentralized finance, and payments that need a EUR reference rather than a dollar reference. For anyone who thinks in euros, EURC crypto can be a cleaner fit than converting every decision through a USD stablecoin.
EURC market cap
EURC market cap shows the total market value of circulating EURC. In general, it is calculated by multiplying the current EURC price by the amount of EURC in circulation.
This number can change as supply changes and as the market price moves slightly around its euro reference. To see current EURC market cap, price movement, and other live market data, check the price chart and market information displayed at the top of this SwapSpace page.
EURC wallets
EURC can be stored in wallets that support the network version of EURC you hold. Wallet support depends on the relevant blockchain, so it is important to choose a wallet that matches your EURC network.
- MetaMask: A popular wallet for Ethereum and other EVM-compatible networks where EURC may be available.
- Coinbase Wallet: A self-custody wallet that supports a wide range of crypto assets and networks, including major ecosystems where EURC can circulate.
- Trust Wallet: A mobile-focused multicurrency wallet often used for stablecoins and tokens across several networks.
- Ledger: A hardware wallet option for storing supported assets with private keys kept offline.
- Phantom: A common choice for Solana-based assets, useful if you hold EURC on Solana.
Before receiving EURC, always confirm that your wallet supports the exact network you plan to use. Sending an asset to an unsupported network can make access difficult or impossible.
What networks does EURC exist on?
EURC is available on several major blockchain networks, which helps it serve different parts of the crypto market. The main networks associated with EURC include Ethereum, Avalanche, Base, Solana, and Stellar.
Each network gives EURC a different practical context. Ethereum offers broad DeFi and wallet support. Avalanche and Base are commonly used for lower-cost EVM activity. Solana is known for high-throughput applications, while Stellar has a long history in payments and asset transfers. If you want more context on how networks differ, SwapSpace has a general guide to blockchain networks.
Available networks may vary, so check the exchange widget at the top of the SwapSpace page for the networks currently supported for EURC swaps.
Why exchange EURC on SwapSpace?
SwapSpace has been operating since 2019 and is a non-custodial crypto exchange aggregator. That means you do not need to deposit funds into a SwapSpace account to exchange EURC.
When you want to swap EURC, SwapSpace compares offers from multiple partner exchanges so you can review available options and choose the one that suits your needs. SwapSpace provides internal verification before a crypto partner is listed, and you can check provider ratings in the Reviews section. Independent feedback about SwapSpace is also available on Trustpilot.
To exchange EURC or compare current EURC exchange options, use the SwapSpace widget at the top of the page.
