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Record sog_st_eurc

EURCEURC

Also recorded as EURC, Euro Coin, EUROC

Active

Lifecycle: Active
Issuance: Restricted
Reference target: Euro
Primary organization: CircleNo additional recorded relationship
Launch: 2022-06-30
Redemption: Institutional Only
Backing: Fiat and cash equivalents
Stabilization: Issuer redemption
Last review: 2026-06-05
Evidence: 5 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

A euro-backed stablecoin issued by Circle, with reserve reporting and direct institutional redemption under Circle terms.

Name	EURC
Symbol	EURC
Aliases	EURC, Euro Coin, EUROC
Asset class	Stablecoin
Lifecycle status	Active
Issuance status	Restricted
Canonical record ID	`sog_st_eurc`
Route slug	`eurc`
Record confidence	Medium
Last reviewed	2026-06-05

Name: EURC
Symbol: EURC
Aliases: EURC, Euro Coin, EUROC
Asset class: Stablecoin
Lifecycle status: Active
Issuance status: Restricted
Canonical record ID: sog_st_eurc
Route slug: eurc
Record confidence: Medium
Last reviewed: 2026-06-05

Record coverage

Section	Entries
Organizations	1
Sources	5
Reserve reports	2
Reserve components	2
Model-history events	0
Regulatory notes	0
Deployments	5
Issuer-control actions	0
Open questions	4
Events	1

Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance: Centralized
Primary display organization: Circle
Primary display role: Legal issuer
Display selection mode: Deterministic Policy
Current relationships: 1
Ended relationships: 0
Unknown relationship state: 0
Freeze capability: 0 recorded yes · 0 recorded no · 5 not recorded
Blacklist capability: 0 recorded yes · 0 recorded no · 5 not recorded
Deployment control-event references: 0
Observed issuer-control events: 0
Relationship coverage: 1 recorded relationship

All current, ended, and unknown-state organization relationships
Organization	Organization category	Regulatory character	Jurisdiction	Role	Display priority	From	Until	Relationship status
Circle	Company or corporate group	Not recorded in canonical data	United States	Legal issuer	Primary display	Not yet recorded	Not yet recorded	Active relationship

Company or corporate group

Circle

Primary display

Functional role: Legal issuer
Relationship status: Active relationship
Regulatory character: Not recorded in canonical data
Jurisdiction: United States
From: Not recorded
Until: Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.

Reference target: Euro
Reference kind: Fiat
Comparison category: Euro
Target value: 1
Reference methodology: Targets a euro reference value.
Public backing model: Fiat and cash equivalents
Canonical backing types: Cash, Government Securities
Reserve component categories: Cash, Government Securities
Primary stabilization mechanism: Issuer redemption
Recorded model description: Fiat-backed
Redemption / exit model: Institutional Only
Valuation source: Public information is incomplete
Yield / rebase profile: None recorded
Classification notes: Not recorded

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

CashCash
Government securitiesGovernment Securities

Reserve profile

Disclosure status	Available
Backing types	Cash, Government Securities
Summary	Circle reserve and attestation records are tracked separately as historical records.
As of	2026-06-05
Profile confidence	Medium

Disclosure status: Available
Backing types: Cash, Government Securities
Summary: Circle reserve and attestation records are tracked separately as historical records.
As of: 2026-06-05
Profile confidence: Medium

Redemption profile

Current status	Institutional Only
Settlement asset	EUR
Eligible parties	Eligible Circle Mint business customers.
Retail access	Not yet recorded
Institutional access	Available Through Circle Mint Subject to Terms
Minimum amount	Source review needed.
Fee	Subject to Circle terms.
Settlement time	Subject to Circle Mint and banking operations.
Regional limits	Account type and jurisdiction restrictions apply.

Current status: Institutional Only
Settlement asset: EUR
Eligible parties: Eligible Circle Mint business customers.
Retail access: Not yet recorded
Institutional access: Available Through Circle Mint Subject to Terms
Minimum amount: Source review needed.
Fee: Subject to Circle terms.
Settlement time: Subject to Circle Mint and banking operations.
Regional limits: Account type and jurisdiction restrictions apply.

Reserve and attestation history

Date	Publisher	Type	Assets covered	Record confidence
2026-06-05	Circle	Issuer Disclosure Reference	Euro Cash, Euro Equivalents, Not yet recorded	Medium
2026-06-05	Circle	Reserve Transparency Archive	Euro Cash, Euro Equivalents, Not yet recorded	Medium

Circle

2026-06-05

Type: Issuer Disclosure Reference
Assets covered: Euro Cash, Euro Equivalents, Public information incomplete
Record confidence: Medium

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.

Open questions

Topic	What remains unclear	Value state	Priority	Last checked
Mica Context	EURC MiCA compliance and EU regulatory context should be backed by direct Circle and official regulatory sources before The archive classifies it as a complete jurisdictional record.	Unknown after review	Medium	2026-06-05
Reserve Report History	EURC monthly reserve or attestation report history needs exact period-level report URLs before SOG displays a historical reserve timeline.	Unknown after review	Medium	2026-06-05
Circle Mint Access	EURC conversion through Circle Mint, account eligibility, business access, geography, and retail availability need source-specific explanation.	Unknown after review	Medium	2026-06-05
Chain Contracts	EURC chain-by-chain contract, token mint, or asset issuer references for Avalanche, Base, Ethereum, Solana, and Stellar need official source review before final address display.	Unknown after review	Medium	2026-06-05

Mica Context

EURC MiCA compliance and EU regulatory context should be backed by direct Circle and official regulatory sources before The archive classifies it as a complete jurisdictional record.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-06-05

Reserve Report History

EURC monthly reserve or attestation report history needs exact period-level report URLs before SOG displays a historical reserve timeline.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-06-05

Circle Mint Access

EURC conversion through Circle Mint, account eligibility, business access, geography, and retail availability need source-specific explanation.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-06-05

Chain Contracts

EURC chain-by-chain contract, token mint, or asset issuer references for Avalanche, Base, Ethereum, Solana, and Stellar need official source review before final address display.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-06-05

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

No separate model-change event is currently recorded.

Event timeline

Date	Event	Category	Subtype	Status effect	Recovery
2022-06-30	Euro Coin launches on Ethereum	Launch and introduction	Launch	No lifecycle change	Not applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.

Use these explainers to compare the legal, regulatory, reserve, redemption, or distribution questions connected to this record.

After MiCA: Which Stablecoins Can Europeans Actually Use?

A reviewed guide to EU/EEA stablecoin access, separating issuer status, platform state, customer scope, product functions, direct mint and redemption routes, payment rails, supported networks, and dates.

MiCA and Stablecoins

A beginner-friendly guide to EU stablecoin rules, the 2026 CASP transition deadline, and the different questions facing representative dollar, euro, and protocol-issued assets.

Network	Network record state	Standard	Public deployment category	Canonical deployment type	Operational state	Recorded status	Change or proposal state	Canonicality	Canonicality record state	Verification state	Contract identity state	Contract or identifier	Freeze	Blacklist	Notes
Avalanche	Specific network recorded	Not yet recorded	Issuer- or institution-supported deployment	Issuer Supported	Unknown or unresolved	Not yet recorded	No separate change state recorded	Issuer-native deployment	Canonicality recorded	Source-linked record; identifier not recorded	Identifier not recorded	Identifier not recorded	Not yet recorded	Not yet recorded	EURC supported-chain entry. Add official contract or token reference later.
Base	Specific network recorded	Not yet recorded	Issuer- or institution-supported deployment	Issuer Supported	Unknown or unresolved	Not yet recorded	No separate change state recorded	Issuer-native deployment	Canonicality recorded	Source-linked record; identifier not recorded	Identifier not recorded	Identifier not recorded	Not yet recorded	Not yet recorded	EURC supported-chain entry. Add official contract or token reference later.
Ethereum	Specific network recorded	Not yet recorded	Issuer- or institution-supported deployment	Issuer Supported	Unknown or unresolved	Not yet recorded	No separate change state recorded	Issuer-native deployment	Canonicality recorded	Source-linked record; identifier not recorded	Identifier not recorded	Identifier not recorded	Not yet recorded	Not yet recorded	EURC supported-chain entry. Add official contract or token reference later.
Solana	Specific network recorded	Not yet recorded	Issuer- or institution-supported deployment	Issuer Supported	Unknown or unresolved	Not yet recorded	No separate change state recorded	Issuer-native deployment	Canonicality recorded	Source-linked record; identifier not recorded	Identifier not recorded	Identifier not recorded	Not yet recorded	Not yet recorded	EURC supported-chain entry. Add official token mint reference later.
Stellar	Specific network recorded	Not yet recorded	Issuer- or institution-supported deployment	Issuer Supported	Unknown or unresolved	Not yet recorded	No separate change state recorded	Issuer-native deployment	Canonicality recorded	Source-linked record; identifier not recorded	Identifier not recorded	Identifier not recorded	Not yet recorded	Not yet recorded	EURC supported-chain entry. Add official asset issuer reference later.

Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
Circle Transparency Published Not yet recorded	Circle	Official statement or announcement Canonical: Issuer Statement	Subject-controlled source	Primary source	Reserve, Reserve History, Circle reserve transparency, stablecoin reserve composition, and monthly attestation entry point	No archive recorded	High
Circle EURC page Published Not yet recorded	Circle	Official documentation or product page Canonical: Issuer Page	Subject-controlled source	Primary source	EURC overview, euro backing, 1:1 euro redemption, MiCA context, Circle Mint access, supported chains, and rename context from Euro Coin / EUROC	No archive recorded	Medium
Circle Mint product page Published Not yet recorded	Circle	Official documentation or product page Canonical: Product Page	Subject-controlled source	Primary source	Circle Mint business access, conversion, on/off-ramp, and institutional workflow context	No archive recorded	Medium
Circle developer documentation Published Not yet recorded	Circle	Official documentation or product page Canonical: Developer Docs	Subject-controlled source	Primary source	Circle developer documentation entry point for EURC integration and supported-chain follow-up	No archive recorded	High
Circle announces fully reserved euro-backed stablecoin Euro Coin Published Not yet recorded	Circle	Official statement or announcement Canonical: Official Launch Announcement	Subject-controlled source	Primary source	Euro Coin / EUROC official availability and Ethereum launch on June 30, 2022	No archive recorded	High