Verify what backs a stablecoin
DIA Value computes intrinsic fair value for stablecoins from reserves and on-chain data, so backing and peg health can be verified.
Supply
<0.1% of EUR stablecoin supply · 15th of 16 EUR stablecoins with supply
Chains
12th of 15 EUR stablecoins read on chain · median 4
EURO3 is a EUR stablecoin minted by the 3A DAO protocol's smart contracts, with no central issuer, launched on 1 Nov 2023.
22.9K EURO3 in circulation across 2 chains; Linea carries 63.0%. That is <0.1% of the EUR stablecoin supply on the map, 15th largest of 16.
All EUR stablecoins, 30d: the change in DeFiLlama circulating supply summed over the 16 EUR stablecoins with a reading at both ends of the window. Wrappers and rebasing stablecoins are left out. It is DeFiLlama’s figure, not a DIA read.
Source: DIA first-party onchain reads, the series the chart draws. Each figure is the change in the supply DIA reads across EURO3’s chains between two daily snapshots. Not mints minus redeems: DIA does not publish issuance flow.
Share and rank are against the combined supply of the 16 active EUR stablecoins on the map, each valued at DIA’s own read and price where DIA holds one and at DeFiLlama’s circulating figure otherwise. Wrappers are left out, as in every total on the map.
22.9K EURO3 (US$22.8K)
<0.1% of all EUR stablecoin supply, #15 of 16
Linea 63.0% · other chains 37.0%
Linea14.4K EURO3 · 63.0%
Polygon8.5K EURO3 · 37.0%Supply growth
EURO3 is designed to be backed by crypto held as overcollateral.
0x3f817b28…bb1264f9mint(address,uint256)0xa0e4c846…c76599abmint(address,uint256)Read from the deployed contract and its account on each chain. A control with no row is one the read could not settle, which is not the same as absent. “No” appears only where the verified contract source lists every function, or where the chain records that the control cannot exist, such as a package published as immutable.
Contract can mint
Its collateral sits in onchain positions that anyone can read, so there is no fiat reserve to attest.
Reserve attestation cadence
Collateral is held in onchain positions and can be read directly; there is no fiat reserve to attest.
Not applicable (no central issuer)recorded for the protocol; no central issuer
38 days are left blank: chain coverage changed or a contract read failed, so those totals are not comparable.
Source: DIA onchain reads Updated