USDC gets most of the attention, but Circle also issues a euro-backed stablecoin called EURC. For merchants serving European customers — or anyone who wants to receive payments denominated in euros — EURC is a game-changer.
What is EURC?
EURC (Euro Coin) is a fully-reserved euro stablecoin issued by Circle. Like USDC, each EURC token is backed 1:1 by euro-denominated reserves. 1 EURC is always worth 1 EUR. It follows the same regulatory and transparency standards as USDC, with regular reserve attestations.
EURC vs USDC
- Currency peg — EURC is pegged to EUR, USDC is pegged to USD
- Issuer — both issued by Circle with the same transparency standards
- Chain support on Fivo — EURC is available on Ethereum, Base, and Avalanche. USDC is available on all 9 chains.
- Cross-chain — CCTP cross-chain transfers are USDC-only. EURC payments are same-chain only.
- Use case — EURC is ideal for euro-denominated pricing, European customers, and avoiding USD/EUR conversion fees
Where is EURC supported on Fivo?
Fivo supports EURC on three chains:
- Ethereum — the original chain for EURC with highest liquidity
- Base — low-fee L2 with Coinbase ecosystem integration
- Avalanche — high-performance L1 with sub-second finality
Why accept EURC?
If you price products in euros, accepting EURC means no currency conversion. A customer paying 50 EUR sends 50 EURC, and you receive exactly 50 EURC. No FX spreads, no conversion fees, no price fluctuation. This is particularly valuable for:
- European e-commerce stores
- SaaS products with EUR pricing tiers
- Freelancers working with European clients
- Travel and hospitality businesses in the EU
How to accept EURC with Fivo
When you register a Fivo merchant account, you can select EURC as an accepted currency alongside or instead of USDC. The payment widget will show EURC as a payment option for your customers. Setup is identical to USDC — just add the widget embed to your site.
<script async src="https://checkout.fivo.finance/v1/fivo.js"></script>
<!-- Customers can choose USDC or EURC -->
<fivo-button
merchant-id="fivo_live_your-merchant-id"
amount="50.00"
currency="USDC">
</fivo-button>The future of EURC
With MiCA regulation creating a clear legal framework for stablecoins in Europe, EURC adoption is accelerating. As Circle expands EURC to more chains and adds CCTP support, the use case for euro-denominated on-chain payments will only grow. By accepting EURC now, you're positioning your business ahead of this trend.
Ready to accept euro payments on-chain? Get started with Fivo or read the Quick Start Guide.