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2024 — The Year of Solana? USDC Issuer Circle Deployed EURC On Solana
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I love doing a fear and greed strategy on a Single Account. If you put in 100$ into aave or xlend/moonwell and FG ist at 30, I will deposit 70% crypto (either pure btc or eth Mixed in) and 30% EURC ( and then borrow USDC against it). Rinde and repeat
How will this compete with EURC? Circle has the first mover advantage but I don’t really see what banks hope to gain. SEPA is already fast and cheap, maybe they want to do some Forex stuff. Can anyone enlighten me?
>USDC - doing shit I swapped the majority of my USDC to EURC and a bit of PAXG for this reason
I have, discarded it due to major concerns about regulatory scrutiny by tax agencies, but I am Europoor. YMMV in other places where offramping crypto is not linked with drugs, terrorism and tax evasion. In case you wanted to know, the path I considered was depositing in AAVE and borrowing in EURC. Mostly because centralised lenders charge around 5-10% of interest on the loan, compared with AAVE that currently stands at 2-3% for an EURC loan.
Just swapped 60% of my USDC for mostly EURC and a bit of PAXG. I'll reassess what to do with the rest in a couple of weeks
With this FED’s turmoil I should probably swap my USDC for something else. EURC? PAXG? BTC? That’s a significant attack on the USD. All markets will be shaken up in the coming weeks
So you don't want BTC, USDC or any fiat. Only option looks liks EURC in my opinion
I’m borrowing against my BTC on Solana. Specifically Jupiter Lend where I’m paying 1.8% APY in EURC a Euro stablecoin.
In the last year, USDT lost over 15% of its value relative to EURC and more than 40% relative to XAUT/PAXG.
EURC is finally viable due to circle having recently released their circle swap tool which solves any liquidity concerns from moving in and out of euro to usdc
Now that Circle has [solved the issue of low liquidity of EURC by launching their own inter coin swap tool](https://x.com/circle/status/2000321301144301581) the euro stablecoin is definitely very viable now. In fact, I regularly swap 7-8 figures between USDC and EURC with even better rates than my usual FX broker
Im not so sure about that. Now that [Circle has released the EURC <> USDC swap tool](https://x.com/circle/status/2000321301144301581) liquidity is a non issue I regularly swap in and out of millions of Usdc and EURC and it’s highly valuable asset
[make sure you read this announcement from circle regarding EURC](https://x.com/cirswap/status/2000321301144301581?s=46)
I completely agree with you, and it is a strategy that many investors who have been in the market for several years follow. Having a significant part in USDC/USDT (or regulated stablecoins such as EURC, USDP, etc.) gives a lot of peace of mind, especially when you have already lived through several cycles. I myself recommend to clients that, once they have managed to multiply their initial capital, they transfer 40-70% to stables and only leave “play money” in altcoins or Bitcoin. Regarding what to do with these stables today, the most common and safest options in 2025 are: CeFi with decent interest and low risk → Kraken → 5-6% on USDC/USDT → Nexo → up to 12% (with insurance and possibility of withdrawing whenever you want) → Coinbase → ~5% and very liquid DeFi “low-risk” (no strong impermanent loss) → USDC/USDT Pools on Curve + crvUSD stake → 4-8% realistic → Aave / Compound → 4-7% lending stables → Pendle or Yearn with conservative strategies → 6-10% without touching memecoins Tokenized RWA (Real World Assets) → Centrifuge, Maple → 8-14% lending to real companies with real estate collateral or invoices (the quiet “new boom” of 2025) Simply leave it in cold wallet or Coinbase/Kraken without touching it → 0% performance but 100% control and zero fear of exploits In the end the trick is: the bigger the bag of stables, the more you want it to yield something... but without getting into the roller coaster again.
It’s really not that surprising once you understand how these ratings work. EURC scores higher mainly because it’s held to much stricter European rules, with clearer oversight, cleaner reserves, and better transparency. Unfortunately USDT on the other hand, has a long history of being opaque about what backs it and still doesn’t provide full independent audits. So even though USDT is way bigger and used everywhere, that doesn’t make it safer. EURC just follows tighter rules and shows its backing more clearly, and that’s exactly what these rating systems reward.
I find it interesting that EURC scores a little higher with an A-.
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Here is what I see in the Deloitte opinion of the Circle S-1 > Deposits from Stablecoin Holders—Refer to Note 2 to the Financial Statements > Critical Audit Matter > Deposits from stablecoin holders are funds received from customers from the issuance of Circle stablecoins. This represents claims from the stablecoin holder associated with Circle’s obligation to redeem stablecoins on a one-for-one basis. Circle stablecoins are the USDC and EURC payment stablecoins and are digital currencies issued natively on blockchain networks. All stablecoins issued and outstanding are backed by at least an equivalent amount of fiat currency denominated reserve assets. Stablecoins not accounted for could result in the amount of claims from the stablecoin holder to be more than the amount of reserve assets. > We identified deposits from stablecoin holders as a critical audit matter due to the fact that the issuance and redemption of stablecoins requires complex computer code operations and smart contracts. The nature and extent of audit effort required to address the matter includes significant involvement of more experienced engagement team members and involvement of specialist. > How the Critical Audit Matter Was Addressed in the Audit > Our audit procedures related to deposits from stablecoin holders included the following, among others: > • We tested the effectiveness of controls over management’s minting and burning process for the issuance and redemption of stablecoins. > • We tested effectiveness of controls over management’s reconciliation of reserve assets to stablecoin in circulation on approved blockchains. > • We utilized our proprietary audit tool and involved specialists to independently obtain evidence from public blockchains to test the completeness of stablecoins minted and outstanding by blockchain. > • We evaluated the reliability of audit evidence obtained from public blockchains. If they were able to tie every deposit and withdrawal to a USDC mint/burn and verify the entire history, wouldn't they say that rather than "testing effectiveness of controls" and "obtain evidence".
Honestly, I’ve been thinking a euro-based stable like EURC could be really useful in DeFi, because cashing out to USD keeps hurting when you actually live in the EU. In my case one tool worked for me, Jumper Exchange it supports EURC with real liquidity, which, to be fair, could really help a lot.
COCA card pays in rewards in crypto USDC or EURC
I found [this comparison article](https://monerium.com/blog/2025/best-euro-stablecoin-providers-2025/) that lists 1. Monerium **EURe** 2. Circle **EURC** 3. Anchored EUR (**AEUR**) 4. Stasis **EURS** 5. Tether **EURT** Are there any other euro stablecoins out there that aren’t on this list but deserve to be? Or any that should be ranked higher, and why? Also, if you’ve used any of these (especially EURe or EURC), how’s the on/off-ramp experience been in practice?
I should have been more specific indeed, I'll edit that. My question was about USDC, USDT, EURC...
100%. That’s why we only use regulated stablecoins (USDC, EURC) and keep funds in motion - no long-term holding. For custody, we use Fireblocks with multi-sig and daily limits. Not bulletproof, but better than relying on a single exchange or wallet.
tldr; Visa has announced plans to expand its stablecoin support to four new blockchains, enhancing its integration of USDC, EURC, PYUSD, and USDG across Ethereum, Solana, Stellar, and Avalanche. This move aims to improve cross-border payments and enable banks to mint and burn their own stablecoins via Visa's Tokenized Asset Platform. Visa's stablecoin-linked card spending has quadrupled year-over-year, with monthly settlement volumes exceeding a $2.5 billion annualized run rate, reflecting growing adoption in the crypto ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
You can stake EURC on AAVE selecting the ETH or BASE market
I've tried to create a post about EURC trading pairs in /r/coinbase and cc. Both were removed without explanations. What's going on? I just wanted to know if anyone knows how EURC is supposed to work if there are no trading pairs for it anywhere but you're still able to exchange euro for EURC
EURC backed by circle EURe backed by monerium You need to Look for mica complaint stablecoin - so there are only 2 of them
I cashed out before the end of the bull run, I put it in EURC not USDC for the first time
Either of these CL on Aerodrome, but I’d use vfat to manage CL100 USDC/cbBTC wide to protect, but narrow can see +100% often, but won’t stay there CL50 EURC/USDC again wide, but don’t expect more than +25% on narrow for any extended amount of time On vfat there’s a few automation settings like rebalance, harvest/compound, & exit. I typically do a 1/3 split with rewards with those pairs. 1/3 compound, 1/3 lock into veAERO, & 1/3 split between USDC & BTC depending temperature of the market. With the veAERO voting on high/consistent bribe pairs so on Wednesdays I have more funds to do the same 1/3 move.
tldr; Visa has launched a stablecoin-based pilot program to expedite cross-border payments, reducing transaction times from days to minutes. The initiative uses stablecoins like USDC and EURC for real-time processing, enabling businesses to access liquidity faster. The program aims to expand by 2026 and aligns with the growing adoption of stablecoins following US regulatory advancements. Visa is also exploring partnerships and technologies to integrate stablecoins into payment infrastructures, focusing on faster, cheaper international transfers and financial stability in volatile currency regions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It will be hard to compete with EURC (by Circle) unless the banks in question will actively promote this solution to their customer base.
Remember your options ahead of the FOMC meeting. Circle has a stablecoin pegged to the Euro (EURC) & you can also park some money in gold backed tokens like XAUT & PAXG.
Sure! Right now I’m lending weETH on AAVE. Virtually zero lending yield but you get 3% or so from staking. Also some Ether.fi points but I have no idea how much yield or $ that translates into. Then I borrow whatever stable has the lowest cost. Right now it’s crvUSD or EURC (2-5%). Then I swap for RLUSD and lend on AAVE for a bit over 10% yield. Other solid options are Pendle (USDe or cUSDO PT for 13-15% fixed yield) and Euler (a bit over 10% for USDC and USDT pools). These are relatively low risk options. You can probably find higher yields on concentrated pools and whatnot. Also I usually borrow around 50% of my collateral to avoid liquidation yield. But it’s nice earning some extra yield while keeping exposure to ETH
No, I don't know what you mean. You say you got paid "in Bitcoin" "in EURC". You need to explain yourself more clearly.
Pegs to other currencies (i.e. EURC) exist but they do have a negligible market share so far.
The simple reason is there isn’t demand for it. If there was the rates would be higher. That said the market is a voting machine in the short term and a weighing machine in the long term. Eventually people will realize Americas only viable option is to inflate the debt away and I think you will see adoption of EURC and baskets of currencies.
There's definitely yields and opportunities for EURC in defi. You can get paid to borrow it on Aave right now--and that's Aave, not some like brand new, launched by a twitter anon with an anime girl NFT avatar. Kamino on Solana is doing 4.something %. That isn't mindblowing but most bank accounts in the EU are giving you 2% or less. EUR stables definitely aren't as big as USD ones but they are used. Most of the major money markets on the biggest chains and L2s support them.
Not sure what you mean. For example, I'd like to swap ETH EURC and then swap back for a swing trade. My profits would be cashed out to EUR instead of holding them in USD, and the benefits would be that the base currency I use in Europe would not have any losses (due to the constantly changing price of the dollar).
yeah, the loan works fine, I am more interested in exiting to a stable, that's more stable :) and EURC to EUR is a lot friendlier.
Ty! [Yield Rankings - DefiLlama](https://defillama.com/yields?token=EURC&category=Lending&attribute=single_exposure)
I use it but not sure I know how to filter/find single-sided EURC pools or platforms that offer most of their product on that stable.
Check out Defilama for lending pools for EURC. I use Aave. Converting EURC to EUR is great via Coinbase as there is no fee and spread. Kraken does not support EURC though.
I think Circle abandoned EURC, I might be wrong. But being in the EU, I feel you. I really want EUR stablecoins to become a standard too.
With 80% chance of a US rate cut in September, you might also consider EURC. This stablecoin is also issued by Circle but on a Euro basis.
tldr; Visa has expanded its stablecoin offerings by integrating three new stablecoins—Global Dollar (USDG), PayPal USD (PYUSD), and Euro Coin (EURC)—and adding support for Stellar and Avalanche blockchains, alongside existing Ethereum and Solana integrations. This move enhances Visa’s settlement platform, enabling users to send, receive, or convert stablecoins into fiat currencies. Visa aims to bridge traditional finance with blockchain technology, leveraging partnerships with Circle, Paxos, and others to drive global digital payments. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Visa has expanded its stablecoin settlement platform to include PayPal's PYUSD, Paxos-issued USDG, and Circle's EURC, alongside its existing support for USDC. The platform now operates across four blockchains: Ethereum, Solana, Stellar, and Avalanche. This expansion allows Visa's partners to settle transactions in both dollar- and euro-backed stablecoins, enhancing cross-border payment flexibility. Visa aims to create a multi-coin, multi-chain infrastructure to meet growing demand from developers, banks, and merchants. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
You've missed it. There's JPYC and EURC. Issued by circle as well, same issuer as USDC. If you're American, then makes sense that you missed them because there's really not much opportunities for you to deal with those currencies.
People might, after several blow up & exchanges list alternatives. Currently my local exchange has usdt pairs & local currency. If i wasn't european my only option would be through currency exchange or the banks. Furthermore, the biggest euro stable coin is EURC with 211 million $ marketcap. That is like 0.2% of usdt. And you expect the average farmer in say Argentina to accurately assess the risk if the covenant says that it's an 'official' USD coin that is exchangeable 1 to 1. It will be luna usdt all over again, but with trillions insteqd of billions.
Well a year ago one EURC could buy about one USDC and now it buys almost 1.2. So priced in Dollars it’s increased by around 20%. BTC has increased by 15% in that time. So for all the American BTC maxis out there….. You would have made more money in the last 6 months holding EURC. Stings, don’t it?
Seems to me the best way to protect yourself is to take those funds off the exchanges & into your own self custody crypto (hardware) wallet. That way your funds are with you. You can then connect to decentralized exchanges for trading & use things like USDC & EURC as stable options. The last thing you need is a reliable off ramp, a platform that helps you get back to fiat if & when you need it. But you already have many CEX accounts, so you should be good.
I actually started to use euro stablecoin EURC instead of USDC
Blend on Stellar Blend.xlm.sh for the app Blend.capital for the docs Aave/uniswap hybrid model, with near zero fees and very competent yields for >15 months. Several security audits completed + a public audit challenge. Get paid in USDC/EURC/MXN/BRL/XLM and receive an additional incentive in the form of a low market cap token with a lot of upside
What protocols don't support EURC that really should? I just checked & you can use it on AAVE for example.
There are a few EUR stablecoins with EURC being the most popular. [https://www.coingecko.com/en/categories/eur-stablecoin](https://www.coingecko.com/en/categories/eur-stablecoin) The sub has a 500 character to post rule so that trivial questions or comments go into the [Daily Crypto Discussion](https://www.reddit.com/r/CryptoCurrency/comments/1m34o5k/daily_crypto_discussion_july_18_2025_gmt0/).
Look for any MiCA approved coins. EURC, EORØP, EURI are some. EURC is by circle who also do USDC. Protip you can swap EUR:EURC in coinbase at 1:1. Problem is a lack of wide support for these coins currently.
Look, I agree with you. However, outside of the US (and Switzerland/Eurozone/Scandinavia), the general understanding is that USD is the correct way to store value (also EUR, but there are stables mirroring them too). Like, when a corrupt official is busted in Russia, they're busted with [stacks of USD/EUR, gold and real estate](https://ru.wikipedia.org/wiki/%D0%97%D0%B0%D1%85%D0%B0%D1%80%D1%87%D0%B5%D0%BD%D0%BA%D0%BE,_%D0%94%D0%BC%D0%B8%D1%82%D1%80%D0%B8%D0%B9_%D0%92%D0%B8%D0%BA%D1%82%D0%BE%D1%80%D0%BE%D0%B2%D0%B8%D1%87), not rubles (because they see USD as the best way to discretely store value). While OP is in Brasil, I don't think their situation is THAT different. They want to make a profit in Reals after all. If OP wants a portfolio of stables, they can just do 40% USDC, 40% EURC, 20% PAXG, all on ETH, and then HODL.
If you do this. You could always put some of it into a lending protocol like aave and earn interest on your usdc. I think it's at like 5% right now. Also, you might consider mixing up stable coins....USDC + EURC + DAI maybe.
Sure, it is a novel protocol where people can lend out USDC/EURC/MXN/BRL/XLM and other tokens to a pool. This pool can be used by users that need to borrow those currencies It can be used to do leverage trading, yield farming, or even support commerce. The dapp can be accessed at blend.xlm.sh and you’ll need a Stellar wallet. I can share more info about this if you decide to explore Take a look at this video around the 26 minute walk for a walkthrough: https://youtu.be/fIl_yQdn8-w?si=3nK4QO1NUpvI5Uis Main highlights: •Protocol is secure and audited by multiple independent audits + public audit competitions •Yield opportunities and variety of asset without exposure to crypto volatility is great. During bullish periods, degen traders really push up the APY •using the protocol can also reward you with the BLND token, which has a very high upside if the protocol continues its growth trajectory
EURC EURI Both fully MICA compliant and issued by Circle(USDC/Coinbase)
We have a Euro coin, Circle mints it and it's called EURC.
buy some EURC, dollar is trash
EURC is Circle's euro-backed stablecoin, fully compliant with MiCA and gaining traction in DeFi. It's becoming the go-to euro stablecoin, especially with Tether's EURt exiting the EU market.
Hey, from what you described, it's likely this EURC token is a scam or fake token with no real value or liquidity. Never share your private keys or seed phrases, and don't screenshare wallets. Best to stay clear of it and avoid giving access to your ETH or other wallets. If you want to trade real tokens, stick with well-known projects and reputable exchanges.
why don't you use USDC or EURC? They're also on Binance and higher liquidity.
but EURC is from the same company as USDC (Circle), therefore by diversifying between EURC and USDC I probably wouldn't decrease overall risk? Or would I? And in regards to liquidity, I only do 1 trade per month as I'm investor, so it may not have so much importance, I would suppose
EURC might be an option, while USDT is already banned.
Circle also has EURC which considering is a direct euro stablecoin is probably under a lot more scrutiny in the EU. Circle is probably more trusted because they also comply with EU MiCA regulation. At this point using USDT instead of USDC is just unnecessary risk.
If you're specifically worried about censorship-resistance and seizure risk, then the answer is simple: no centralized stablecoin is truly safe. USDC, EURC, USDT — all have blacklist functions. Even DAI is partially collateralized by USDC now. If you want non-confiscatable, you’re really talking about BTC or XMR (Monero) — not a stablecoin. But if you still need a relatively stable store of value for DCA, here are your main paths: LUSD (Liquity USD) – overcollateralized and censorship-resistant (no admin keys). But less liquid and harder to access from fiat directly. sDAI or RAI – more decentralized models, though still niche and less stable. Or skip stables entirely: convert fiat → BTC gradually using auto-DCA tools like Swan or Relay and hold cold. Lump-sum vs DCA? Historically lump-sum outperforms most of the time — but only if you’re emotionally ready to handle the dips. DCA smooths the ride psychologically, not necessarily economically. Your move depends on what matters more: control or convenience. You can’t have both 100% in crypto (yet).
Indeed. But i meant as an easy "safe haven" to edge against the currently weakening USD. Right now if you're on the sideline with a lot of USDC, it might be worth swapping some for EURC or PAXG.
But my point is a lot of crypto market is pumped.by USDT specifically. A lot of it also seems shady mind you. EURC has no influence with their almost non existing trading pairs
Well, there's always EURC: the equivalent of USDC.
If you like USDC u can straight up use EURC, same thing with €
USDC and EURC on Base network
Typical European activities not realizing EURC exists.
That's why I am parking my gains in n EURC.
Well, it's not really the same thing is it. USDC/EURC you have to hope some banker somewhere hasn't spunked the reserve on hookers and blow. Utterly useless, might as well just use fiat. BTC there is no reserve. The real replacement for BTC are true decentralized algorithmic stablecoins.
tldr; Circle's USDC and EURC stablecoins have been approved as recognized crypto tokens by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC). This marks the first time stablecoins have been approved under DIFC's crypto token regime. Over 600 financial institutions in DIFC can now use these stablecoins for payments, treasury management, and other financial applications. Circle's approval highlights its commitment to regulatory compliance and global standards for transparency and utility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
There is already Stasis EURO (market cap $128m) and EURC (market cap $100m) availabile globally. Total market cap today below $300m, why? Why if the total market cap of all stablecoins is above $230bn?
Anyone doing anything cool defi wise with EURC?
There will be layers build on top of Bitcoin to support payments. Give it time (you already have the lightning network btw). People who think that all needs to be settled on the base layer are delusional. Everything in this world is build using layers. And that's not a bad thing. The base layer is complex and not for everyone. Additional layers makes thing more simple and easier to understand (but you sacrifice on things, which again is ok). But I'm a firm believer in stable coins for spending (again you are delusional if you think USD, EUR, CNY is going away, smaller currencies will disappear though). In the future I'll be able to swap between Bitcoin and stable coins of my choice and pay with that. So Stable coins for day-to-day spending and Bitcoin as my savings account. I live in EU so I save in Bitcoin and swap regular to EURC for my daily spending. When I travel o USA I swap some to USDC for spending. Maybe I plan a trip to China and I swap to CNHT, etc.. All managed within my wallet.
EURT is delisted as well. USDC and EURC are MICA compliant.
Rotation of funds from one stablecoin to another. Both USDC and EURC are considered MiCA compliant
We will either use USDC/EURC or trade USDT through DEX
The dominance of MiCA-compliant stablecoins in the European market has led to a significant shift in trading volumes, with euro-denominated transactions surpassing previous records. Notably, MiCA compliance has enabled these stablecoins, like Circle's EURC and Société Générale's EURCV, to capture over 90% of the market share, contrasting with the challenges faced by non-compliant stablecoins like Tether. * [MiCA-compliant stablecoins dominate European market — Kaiko](https://cointelegraph.com/news/mi-ca-compliant-stablecoins-dominate-european-markets-kaiko) * [MiCA is Reshaping EUR Stablecoin Markets](https://research.kaiko.com/insights/mica-is-reshaping-eur-stablecoin-markets) ^(Hey there, I'm not a human \(sometimes I am :\) \). I fact-check content here and on other social media sites. If you want automatic fact-checks and fight misinformation on all content you browse,) [^(check us out.)](https://critiquebrowser.app)
tldr; As cryptocurrency adoption grows in Europe, MiCA-compliant stablecoins are capturing a significant market share. A report by Kaiko and Bitvavo highlights the expansion of euro-denominated trading volumes, which consistently exceeded 2023 averages in 2024. The euro has become the third most-traded fiat currency in crypto, with stablecoins adapting to new regulations. MiCA regulations have reshaped the stablecoin landscape, with Circle’s EURC, Societe Generale’s EURCV, and Banking Circle’s EURI holding 91% of the market share by November 2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Coinbase will restrict European users from trading certain stablecoins, including Tether (USDT), starting December 13, to comply with the Markets in Crypto-Assets (MiCA) regulatory framework. Other stablecoins like PAX, PYUSD, GUSD, GYEN, and DAI will also be delisted for being MiCA noncompliant. However, Coinbase will continue to support Circle's USDC and EURC, as Circle has secured a European stablecoin license under MiCA laws. Tether has not publicly responded to the delisting, and its future in Europe remains uncertain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It's EURT no? Tether have provided details of their reserves backing Tether. Has USDC and EURC?
Yes, EURC. Although it's not really like Tether, since it's actually backed up 1:1 with fiat.
tldr; Coinbase is set to delist Tether's USDT and five other stablecoins in Europe on December 13 due to non-compliance with the European Markets in Crypto-Assets Regulation (MiCA). This move affects Coinbase Europe, Coinbase Germany, and Coinbase Custody International. While USDT is a significant asset on Coinbase, accounting for over 12% of trades, the exchange will continue supporting USD Coin (USDC) and EURC. Tether has criticized some MiCA regulations and is working on compliant solutions for the European market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If you are in EU, and want to invest in stablecoin you have to invest in USDC or EURC, because of the MiCA. If you want to invest in BTC or another coin, choose one, just be aware of possible depreciation as well as appreciation. You can always buy anything OTC, if you don’t want to use official exchange.
and why not in EUR-backed stablecoin, such as EURC?