Euro Coin: A Stable Digital Currency Backed by Euros
Introducing Euro Coin (EUROC), a digital currency issued by Circle under the full-reserve model, similar to USD Coin (USDC). Euro Coin is designed for stability and is backed 100% by euros held in euro-denominated banking accounts, ensuring it is always redeemable at a 1:1 ratio for euros.
Key Features of Euro Coin:
- Issued by Circle under a full-reserve model
- Backed 100% by euros held in euro-denominated banking accounts
- Designed for stability and reliability
- Always redeemable at a 1:1 ratio for euros
Current Price and Performance:
At the time of writing, the price of Euro Coin stands at $1.05428, with a 24-hour change of -0.12%.
With Euro Coin, users can enjoy the benefits of a stable digital currency that mirrors the value of the euro, providing a secure and reliable alternative to traditional fiat currencies.
