EURC cross-chain swaps are now live on Rhino

Stablecoins have become the settlement layer for moving money onchain. It’s fast, global and always on. But the market grew up around the dollar. USDC and USDT dominate because crypto businesses needed digital dollars first, and everything else was built to match.

European businesses work in a different currency. They report in euros, bank in euros and settle with European partners in euros. Their customers and counterparties increasingly hold stablecoins, yet moving between euro and dollar value onchain has remained expensive, unreliable and difficult to execute within a compliant framework.

That gap is what we have just closed. Cross-chain EURC swaps are now live on Rhino. You can move between EURC, Circle's fully reserved, MiCA-compliant euro stablecoin, and USDC or USDT through a single integration, with guaranteed execution.

How to activate EURC on Rhino

There are 3 routes, and all work in either direction.

• Smart Deposit Addresses. Your users can send EURC to your deposit address on Base, Ethereum and it can settle automatically into USDC, USDT or EURC on whichever chain you choose.

• Bridging. Move EURC to EURC across Starknet, Base and Ethereum.

• Swaps. Convert EURC with USDT/USDC and back across a range of chains.

Every swap executes on Rhino's own liquidity at the market rate. Your funds never touch a third party aggregator, so the rate you are quoted is the rate that settles, at any size. If a swap cannot execute, it is refunded in full. And every transfer is KYT screened.

Here is what that looks like in practice. A platform receives €50,000 of EURC on Base and needs USDC on Ethereum for a payout. The EURC lands at its usual deposit address, Rhino screens the transfer, converts it at the quoted rate and settles USDC on Ethereum.

EURC support is currently in early access. We’re constantly expanding our chains and tokens support. Get in touch to request if you would like EURC enabled or if you need new chains and tokens.

If you are crypto native, this is your euro leg

You already support stablecoin deposits and withdrawals. Your European users want to hold the currency they actually spend, your OTC clients report in euros, and your treasury moves between euro and dollar positions more often than you would like. Rhino makes EURC usable inside the flows you already run. Conversion, routing, deposits and withdrawals, all through one integration.

If you are a fintech, this is stablecoin settlement for high-value transfers without the crypto plumbing

You are not looking for a new asset to list. You want faster settlement, programmable payouts and a way to serve customers who already hold USDC or USDT while keeping your reporting and SEPA settlement in euros. With Rhino, stablecoins work behind the scenes. Your users just see faster money movement. Start with one corridor, one treasury workflow or one settlement flow, and scale from there. There is no blockchain infrastructure to build or run.

Dollar liquidity, euro settlement

Most businesses already touch dollar stablecoins somewhere. Customers, counterparties, exchanges or treasury. The real question is how to turn that activity into euro denominated settlement, and that is the job this rail was built for. Dollar stablecoins bring the global liquidity. EURC brings the euro relevance. Rhino connects the two.

The first phase of stablecoin adoption was about digital dollars. The next phase is about making them useful for real financial products and cross-border payments. For Europe, that starts with the euro leg, and it is live today.

Building cross-border money flows that need predictable stablecoin settlement? Talk to our team to see how Rhino handles routing, settlement and compliance so you can focus on your product.