EURC is a Euro-backed stablecoin, or digital currency, issued by Circle Internet Financial.
Circle guarantees that every EURC is redeemable 1:1 for a Euro. EURC is fully backed by Euros held in Euro-denominated bank accounts.
EURC is issued under European regulatory frameworks and is regulated in France, aligning with the Markets in Crypto-Assets (MiCA) regulation.
You can read more in the MiCA whitepaper.
Learn more about EURC and its reserve backing from the Circle Euro Coin hub.