EURC
About EURC
The EURC network and its trading symbol (EURC) are a euro-backed stablecoin issued by Circle, the same company behind USDC, one of the world’s most trusted dollar-backed stablecoins. Each EURC token maintains a 1:1 peg to the euro, meaning that each EURC token is worth one euro. The stablecoin operates on a full-reserve model, whereby every token in circulation is backed by an equivalent value of euro-denominated assets held at regulated financial institutions within the European Economic Area. Circle launched the EURC in June 2022 to meet the needs of businesses and individuals who transact in euros and required a digital currency alternative that does not require conversion to the U.S. dollar first.
In the last hour, EURC's price has seen a change of -0.05%, and over the past 24 hours, its price has moved by +0.04%. Over the previous week, EURC's price has moved by +0.25%. The current price of EURC is $1.1213, accompanied by a trading volume of 41.86M in the last day. EURC's price is currently 6.93% below its all-time high of $1.2048, which remains the highest price EURC has achieved since its launch. The circulating supply of EURC stands at 404.7M, translating to a total market capitalization of 453.8M.
Market stats
Frequently asked questions
What is the market cap of EURC?
With a market capitalization of 453.8M, EURC is ranked 89 among other crypto assets.
What is the all-time high of EURC?
The highest valuation of EURC since its launch was at $1.2048, marking its all-time high.
What is the 24-hour trading volume of EURC?
The trading activity of EURC over the last 24 hours was at 41.86M, highlighting its liquidity in the market.
How many EURC are there in circulation?
There are approximately 404.7M units of EURC currently in circulation, affecting its market dynamics.
What is the relative popularity of EURC?
EURC market cap is around 453.8M.
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