EURC (EURC) stablecoin analytics
Answer First
What is EURC?
EURC is Circle's centralized euro stablecoin, redeemable 1:1 by qualifying customers and backed by cash and short-term assets denominated in euros. The static profile records its Euro peg mechanism as: Direct 1:1 euro redemption through Circle Internet Financial Europe SAS (ACPR-authorized electronic money institution); issuance through Circle Mint requires an eligible institutional account, and redemption remains subject to AML checks and the applicable redemption policy
Is EURC safe?
EURC holds an A Safety Score grade (83/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says EURC uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Deloitte; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
EURC (EURC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
AI summary / Updated Sep 7, 2026
Circle's EURC is the regulatory standard-bearer for euro stablecoins: an ACPR-licensed EMI under MiCA, Deloitte-examined monthly, and now live on roughly a dozen chains rather than the handful it launched with.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Euro-denominated fiat reserves held separately from Circle operating funds at regulated financial institutions in the EEA
- Peg Mechanism
- Direct 1:1 euro redemption through Circle Internet Financial Europe SAS (ACPR-authorized electronic money institution); issuance through Circle Mint requires an eligible institutional account, and redemption remains subject to AML checks and the applicable redemption policy
- Jurisdiction
- France / ACPR / EMI (MiCA)
- Proof Of Reserves
- Independent Audit by Deloitte Reserve source
- Contracts
- 13 deployments tracked across Ethereum, Base, Avalanche, and World Chain, plus 9 more.
Next Actions
Exact bot target: /subscribe dews,depeg,safety eurc-circle
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
EURC quick answers
What is EURC?
EURC is Circle's centralized euro stablecoin, redeemable 1:1 by qualifying customers and backed by cash and short-term assets denominated in euros. The static profile records its Euro peg mechanism as: Direct 1:1 euro redemption through Circle Internet Financial Europe SAS (ACPR-authorized electronic money institution); issuance through Circle Mint requires an eligible institutional account, and redemption remains subject to AML checks and the applicable redemption policy
Is EURC safe?
EURC holds an A Safety Score grade (83/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says EURC uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Deloitte; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs EURC?
Pharos classifies EURC backing as Real-World Asset Backed. Collateral, per the static profile: Euro-denominated fiat reserves held separately from Circle operating funds at regulated financial institutions in the EEA Reserve evidence: Independent Audit from Deloitte.
Can EURC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for EURC, when applicable, appear in the dossier below.
