June 30th Circle is set to release Euro Coin on the Ethereum Network. EUROC will be available on the following exchanges: 

                 CEXs: Binance.US, Bitstamp, FTX, Huboi Global

                 DEXs: Uniswap, DFX

             Other players in the ecosystem that will include EUROC into their networks are Curve and Compound in the defi space and Ledger and MetaMask Instutional as far as wallets are concerned. Although users already have access to the EUROC smart contract, liquidity won't hit the mainnet until the launchdate of June 30th. It

                 On said launchdate businesses will be able to mint Euro Coin by depositing Euros directly into their Circle account. It hasn't been announced yet if there will be a yield program for institutions to deposit and lock EUROC such as the one that is currently available for institutions who lock up USDC, although the fixed rate on USDC deposits has recently dropped from 5% to 1% for all terms. Maybe EUROC depositors will initially receive a better yield. More about the USDC deposit yield here...

                Of course, Circle plans for Euro Coin to have the same system of peg stability and asset reserve as the USD Coin maintains; every Euro Coin will be backed 1:1 by Euros held in reserves by regulated financial institutions; one of the reserve managers of EUROC being Silvergate, whom we nod to in the crypto space for providing leverage to Michael Saylor's Microstrategies' Bitcoin holdings. And in case you were wondering, Saylor says his Bitcoin is not in danger of margin call. Not yet anyway. More about that here.

               Circle has over $54 billion USDC in circulation. BlackRock, the largest investment management company in the world, is now the primary manager of these reserve assets. You can read more about that here...From the beginning, Circle has "launched under the regulatory framework, both federal and state, that ensured consumer protection was in place, that there was always a 100% reserve," in the words of Circle CEO Jeremy Allaire. Given the way Circle has positioned itself prior to the EUROC launch concerning finance and regulation, I think we can expect nothing less following the launch. 

     Sources:

     1. Euro Coin (EUROC) I A Euro-Backed Stablecoin (circle.com)

     2. All You Need To Know About Circle'S Euro-Based Stablecoin (cnbctv18.com)

     3. MicroStrategy CEO Michael Saylor says there's no margin call on its bitcoin loan and it has plenty of collateral (msn.com)

     4. BlackRock to Be the Primary Manager of the $50 Billion USDC Reserves (watcher.guru)