General information | |
---|---|
Global rank: | 476 |
Name: |
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Symbol: | EURC |
Current coin price (ERN): | 16.66 ERN |
Last hour: | arrow_downward-0.050 % |
Last 24 hours: | arrow_downward-0.590 % |
Last 7 days: | -0.340 %trending_down |
Capitalisation (ERN): | 1 031 673 735.00 ERN |
Volume 24h (ERN): | 230 038 395.00 ERN |
Available supply: | 61 911 457.00 EURC |
Total coin supply: | -1 EURC |
Start date: | 2022-05-24 |
EURC/Eritrean Nakfa (EURC/ERN) price chart
EURC/Eritrean Nakfa (EURC/ERN) capitalisation and volume charts
The Euro Coin (EURC) is a stablecoin pegged to the Euro, meaning its value is designed to be equal to one Euro. This makes it less volatile compared to other cryptocurrencies. The EURC token functions within the ecosystem of the Circle platform. It plays a crucial role in the platform’s operations, particularly in enabling near-instant, low-cost payments worldwide.
The EURC token is used in several ways within the Circle ecosystem. It is used to unlock new possibilities for multi-currency digital finance and near-instant foreign exchange. Furthermore, EURC and USDC together enable businesses and individuals to make and accept payments in their local currency from anywhere in the world.
The Euro Coin (EURC) was created by Circle Internet Financial, a global internet finance firm and issuer of USD Coin (USDC).