EURCStablecoinE-Money Token
European UnionSelf-reported
European UnionSelf-reportedEuro Coin
Circle Internet Group· New York, United States
- Circulating supply
- $526.9M
- 17D change
- +5.6%
- Yield
- None
- NAV
- 1.0000
- Expense ratio
- 0.00%
- Minimum
- $0
- Redemption
- Intraday
- Launched
- 30 Jun 2022
Field coverage 96%Primary-source or on-chain verified 33% of tracked metrics2/2 source documents analyst-verifiedLast reconciled 01 Oct 2026
Overview
What this product is
The largest euro e-money token, issued from France under MiCA. Its reserve is deposit-heavy by regulation rather than by choice — MiCA requires at least 30% of an EMT reserve to sit in bank deposits, which caps how much of the float can be invested and explains the structural yield gap against dollar equivalents.
- Underlying asset
- Euro bank deposits and euro-area sovereign treasury bills
- Asset class
- Stablecoin
- Product structure
- E-Money Token
- Legal structure
- EU MiCA E-Money Token
- Issuer jurisdiction
- European Union
- Fund domicile
- France
- Base currency
- EUR
- Launched
- 30 Jun 2022
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
| EURCthis product | 0.00% | 0.00% | $0 | $526.9M |
Issuer
Who runs it
Circle Internet GroupNew York, United States
Issuer of the largest regulated dollar and euro payment stablecoins, licensed on both sides of the Atlantic. Its reserves sit largely in a dedicated government money market fund, which makes it one of the biggest indirect buyers of short-dated Treasuries in the category.
Portfolio
Composition
- Euro deposits at regulated credit institutions63.2%
- Euro-area sovereign treasury bills36.8%