Which networks is EURC on?

Circle lists EURC contracts on Arc, Avalanche, Base, Cronos, Ethereum, Plasma, Solana, Stellar and World Chain. Most EURC is on Ethereum, followed by Solana and Base. Always check which network your counterparty uses before sending.

From EURC vs USDC: when a business should hold euros on chain instead of dollars, by . Updated .

The wider picture

The key points from the guide this answer comes from:

  1. EURC and USDC are both issued in the EU by Circle's French e-money institution, under MiCA. The difference is the currency: EURC is redeemable 1:1 for euros, USDC for dollars.
  2. Hold EURC when your income and costs are in euros, so you don't take a dollar exchange rate on every step. Hold USDC when your counterparties pay or want to be paid in dollars.
  3. USDC is far larger and more widely accepted: about $71 billion in circulation against about 434 million EURC. Euro stablecoins as a whole are around 0.3% of the stablecoin market.
  4. Neither pays interest: MiCA bans issuers and crypto-asset service providers from granting interest on e-money tokens.

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The full guide

Choose by currency: both come from Circle's French e-money institution under MiCA, but EURC is redeemable for euros and USDC for dollars. Hold EURC if your income and costs are in euros; hold USDC if you deal in dollars or need the liquidity of a token over 100 times larger.

Read EURC vs USDC: when a business should hold euros on chain instead of dollars, with its sources.

General information, not legal, tax or financial advice. Rules and providers' terms change; check the sources in the guide and take advice on your own situation.

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