EURC
Last updated
Last updated
Ticker
EURC
Type
Stablecoin
What is the token used for?
EURC is an EMT (electronic money token) under MiCA regulation, available on public blockchain networks. EURC provides a faster, safer, and more efficient way to send, spend, and exchange money around the world.
For every EURC issued by Circle SAS and remaining in circulation in the European Economic Area ("EEA"), Circle SAS will hold either one euro (“EUR”) or an equivalent amount of EUR-denominated assets on behalf of holders in order to facilitate the frictionless movement of the e-money tokens utilizing blockchain technology. As a fully reserved e-money token, EURC is backed by an equivalent amount of euro-denominated assets held by Circle SAS and redeemable 1:1 for euros.
The emphasis of Circle
Token Issuer
Website
Whitepaper:
Circle is (Digital Asset Service Provider) in France hand (Eletronic Money Institution).
Smartcontract: