EURO Coin is a fully collateralized stablecoin issued and backed by Circle (a licensed custodian)
EUROC is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. \n\nEUROC is a stablecoin that usually trades within 20bps of its peg to EUR, which makes it a solid store of value.
Euro Coin has no dependencies.
EUROC has a fixed supply. EUROC on Ethereum is backed 1:1 by EUR reserves held with a licensed custodian (Circle). EUROC is fully redeemable for its Euro reserves, providing an effective mechanism to retain the peg to €1.
EUROC is a stablecoin that usually trades within 20bps of its peg to EUR, which makes it a solid store of value. EUROC is fully redeemable for its Euro reserves, providing an effective mechanism to retain the peg to €1.