How to convert EURC to EUR and send it to a bank account

The short answer

Move EURC into your Align balance on Ethereum, Base or Solana, then make a EUR payout. The EURC is converted as part of the payment, and the euros reach the payee's IBAN by SEPA Instant within seconds, or by standard SEPA within one business day. EURC is a euro token, so unlike USDC there is no dollar to euro step in between. Stablecoin conversions are switched on per account, so ask Align to enable them before you rely on this route. The same balance works the other way, from euros into EURC, as described below.

At a glance

Step by step

1. Deposit EURC on a supported network. Send it from a wallet or exchange account your company owns, on Ethereum, Base or Solana, to the deposit address for that network, with a small test amount first. Transfers can't be reversed.
2. Collect the payee's IBAN and name. Within the EEA, the IBAN is enough: the Bundesbank notes that payers have only needed the IBAN for payments within the EEA since 1 February 2016. For a bank in a SEPA country outside the EEA, such as Switzerland or the UK, add the BIC. Type the account holder's name as their bank holds it.
3. Decide between instant and standard. SEPA Instant suits a payment that has to land today, including at weekends. If the payee's provider doesn't take instant payments yet, use standard SEPA.
4. Convert and send. The EURC in your balance is converted as part of the EUR payout, and the rate and fee are shown before you confirm.
5. For supplier payments, the payment goes through your named virtual account, and Align may ask for the invoice behind it.

From euros to EURC

The other direction starts at a bank. Your company pays euros by SEPA or SEPA Instant to its named EUR IBAN at Align, which is in your company's own name. Euros you receive stay in your EUR balance: they are not turned into EURC unless you choose. From that balance you can buy EURC, as Align's Swaps & OTC page describes: stablecoins are bought from your currency balances, and EURC with euros. Bank deposits into EURC are on Base and Solana only, so EURC bought with euros arrives on Base or Solana. Like the payout above, this is switched on per account when you ask, and one quoted rate applies to the trade.

Two limits apply. First, the EURC you buy is held in your Align balance. Align's public pages list payouts to a wallet in USDC and USDT, and don't say that EURC can be sent on to an outside wallet, or on which network, so ask Align before you plan on it. Second, the market rate in the converter above works in this direction too: use the switch under the amount to see euros to EURC.

EURC's status in the EU

The ESMA interim register of e-money token white papers, which this page read on 14 November 2026, lists Circle Internet Financial Europe SAS, based in Paris, as the issuer behind Circle's EURC white paper. It records the entity as an electronic money institution, with France's ACPR as competent authority, and the white paper as notified on 1 July 2024.

Circle's developer documentation, read the same day, describes EURC as a euro-backed digital currency issued by Circle, compliant with MiCA, backed 100% by euro-denominated reserves, with monthly attestation reports for the reserves published on Circle's Transparency page. Circle lists EURC contracts on nine blockchains: Arc, Avalanche, Base, Cronos, Ethereum, Plasma, Solana, Stellar and World Chain. Align accepts it on three of them. For how the token works in more detail, see how EURC works.

Align is not authorized under MiCA, as the sections below explain.

Why hold EURC rather than USDC

If your income and costs are in euros, a euro stablecoin avoids a dollar to euro conversion at each step: you receive in euros, hold in euros and pay out in euros. With USDC, each hop adds a dollar rate you didn't need, as the USDC to EUR page explains. USDC fits better when your counterparties pay in dollars, and Align accepts it on seven networks against four for EURC. EURC vs USDC compares the two.

Standard SEPA or SEPA Instant

The Instant Payments Regulation is still rolling out: providers in non-euro EU countries must receive instant euro payments from 9 January 2027, and payment and e-money institutions from 9 April 2027, according to the ECB. The SEPA Instant vs SWIFT guide covers euro payments to banks outside SEPA, and the named vs pooled IBAN guide covers the payee name check.

When another route fits better

• You are a user in Dubai. Crypto conversions aren't available to users in Dubai.
• You need a provider authorized under MiCA. Align is registered with FINTRAC in Canada as a money services business and is not authorized under MiCA. If your company's rules, bank or auditor require a MiCA-authorized provider for a EURC service, use one, and check which authorization covers the service in your country.
• You want to redeem directly with the issuer. Circle's documentation says qualified businesses can apply for a Circle Mint account to convert euros to and from EURC. That puts the issuer, not a payments provider, on the other side of the trade.
• You are converting a very large amount. Align's Swaps & OTC page says trades of $100,000 or more can go through an OTC desk with a named account manager, who quotes a firm price before you trade. The converter on this page is indicative only.
• The money should end in dollars. A dollar stablecoin is the shorter path: see USDC to USD.
• No stablecoin is needed. If your customers can pay euros by bank transfer, a named EUR IBAN takes SEPA payments directly, and the euros stay in euros.

How this works with Align

Align sends euros over SEPA and SEPA Instant from a named virtual account in your company's name, with your company shown as the account holder. EURC in your balance is converted when you pay, and euros paid into your named IBAN stay in your EUR balance, so you can pay euro suppliers from it without converting. Align isn't a bank, and your balances aren't bank deposits. Regulated services are provided through licensed banking partners, and Align doesn't issue stablecoins. Align is registered with FINTRAC in Canada as a money services business. It isn't authorized under MiCA, and this page is not an offer of crypto-asset services in the EU.

Sources

• Align docs, 1st party and 3rd party payments (accessed 14 November 2026)
• Align, Swaps & OTC and Global payments (accessed 14 November 2026)
• ESMA, Interim register of e-money token white papers (read 14 November 2026)
• Circle, EURC overview and EURC contract addresses (accessed 14 November 2026)
• European Central Bank, Instant Payments Regulation and SEPA Instant (accessed 14 November 2026)
• Deutsche Bundesbank, SEPA Credit Transfer (accessed 14 November 2026)
• European Supervisory Authorities (ESMA, EBA, EIOPA), EU Supervisory Authorities warn consumers of risks and limited protection for certain crypto-assets and providers (6 October 2025)
• European Union, Regulation (EU) 2023/1114 (MiCA), Articles 6(5) and 51(4)

This page is general information, not legal, tax or financial advice. Rules and providers' terms change; check the sources linked above and take advice on your own situation.