OCB — Quality Rating
EURC Quality Rating
Circle · Circle's euro-denominated stablecoin, MiCA-authorized in the EU.
EURC (Circle) scores 82/100 on OnChain Benchmark's Stablecoin Quality Rating — Institutional Grade band — across four dimensions: reserve quality 23/25, redemption depth 17/25, transparency 21/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.4-stablecoin, as of Sep 15, 2026).
Stablecoin Quality Rating
OCB — 01
EURC across four dimensions
Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Sep 15, 2026 on methodology v1.4-stablecoin.
| Dimension | Score |
|---|---|
| Reserve Quality | 23 / 25 |
| Redemption Depth | 17 / 25 |
| Transparency | 21 / 25 |
| Holder Concentration | Not measured |
| CompositeΣ (score) | 82 / 100 |
Holder Concentration is withheld for this instrument. Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.
OCB — 02
OCB Instrument
Outstanding supply
OCB — 03
OCB Instrument
Rating history
OCB — 04
Evidence behind the rating
A sample of the verified facts behind EURC's score. The full diligence trail is in the terminal.
- Disclosure Qualitycontract address
Contract address verified on Stellar: EURC:GDHU6WRG4IEQXM5NZ4BMPKOXHW76MZM4Y2IEMFDVXBSDP6SJY4ITNPP2 (Stellar deployment)
Confirmed active onchain.
Verified Aug 1, 2026· instrument_deployments registry — chain_id 1102 - Disclosure Qualitycontract address
Contract address verified on Ethereum: 0x1aBaEA1f7C830bD89Acc67eC4af516284b1bC33c (primary deployment)
Confirmed active onchain.
Verified Aug 1, 2026· instrument_deployments registry — chain_id 1 - Disclosure Qualitycontract address
Contract address verified on Solana: HzwqbKZw8HxMN6bF2yFZNrht3c2iXXzpKcFu7uBEDKtr (Solana deployment)
Confirmed active onchain.
Verified Aug 1, 2026· instrument_deployments registry — chain_id 1101 - Disclosure Qualitycontract address
Contract address verified on Base: 0x60a3E35Cc302bFA44Cb288Bc5a4F316Fdb1adb42 (Base deployment)
Confirmed active onchain.
Verified Aug 1, 2026· instrument_deployments registry — chain_id 8453 - Disclosure Qualitycontract address
Contract address verified on Avalanche: 0xC891EB4cbdEFf6e073e859e987815Ed1505c2ACD (Avalanche deployment)
Confirmed active onchain.
Verified Aug 1, 2026· instrument_deployments registry — chain_id 43114 - Holder Concentrationholder concentration snapshot
Top-10 holders control 38.08% of supply (after excluding protocol-controlled addresses). 1 protocol-controlled address excluded from concentration calculation. Concentration track: retail_facing.
Holder snapshot refreshes on a rolling basis and may be up to 36 hours old.
Verified Aug 1, 2026· norm_concentration row observed 0d ago - Redemption Liquiditydata gap
No redemption liquidity data available at time of scoring run.
This gap is re-checked on every scoring run and will close once verifiable data is available.
Verified Aug 1, 2026
OCB — 05
Key facts
- Issuer
- Circle
- Asset class
- Stablecoin
- Methodology
- v1.4-stablecoin
- Last scored
- Sep 15, 2026
- Rubric
- Stablecoin Quality Rating
Chains
Cite this rating
Reference EURC's rating
Copy a ready-made citation. Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.
OnChain Benchmark (2026). EURC Quality Rating: 82/100 (Institutional Grade band), as of Sep 15, 2026. Methodology v1.4-stablecoin. https://onchainbenchmark.com/instruments/eurc
OnChain Benchmark (2026) 'EURC Quality Rating', OnChain Benchmark, Institutional Grade band, 82/100, methodology v1.4-stablecoin. Available at: https://onchainbenchmark.com/instruments/eurc (Accessed: Sep 15, 2026).
@misc{ocb_eurc_2026,
author = {{OnChain Benchmark}},
title = {{EURC Quality Rating}},
year = {2026},
note = {82/100, Institutional Grade band, methodology v1.4-stablecoin},
url = {https://onchainbenchmark.com/instruments/eurc}
}Or pull the data: EURC rating (CSV)
The interactive terminal shows every verified fact behind EURC's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.