---
title: "EURO3 (EURO3) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/euro3-3a-dao/"
description: "Build-time stablecoin profile for EURO3 (EURO3). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# EURO3 (EURO3)

**Peg:** Euro

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

EURO3 is 3A DAO's overcollateralized euro {{term:cdp}}CDP{{/term}} stablecoin on Polygon and Linea, minted against crypto collateral in user-owned vaults. EURO3 is a 3A DAO euro stablecoin created through {{term:overcollateralization}}overcollateralized{{/term}} vault borrowing and burned when users repay or redeem against collateral. DefiLlama supplies price and circulating-balance data, with current activity split across Linea and Polygon, but there is no CoinGecko geckoId and supply is very small. The design gives Pharos a crypto-backed euro reference, while liquidity, oracle depth, and governance details remain the practical risk areas.

## Collateral

Whitelisted crypto and stablecoin collateral in 3A Vaults on Polygon and Linea, including USDC.e, DAI, WETH/ETH, USDT, WBTC, wstETH, and other wrapped or yield-bearing assets depending on chain

## Peg Mechanism

Overcollateralized vault minting and redemption: users mint EURO3 loans against approved collateral, repay debt to burn EURO3, and can redeem EURO3 against vault collateral when the protocol's redemption conditions are met

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| polygon | `0xa0e4c84693266a9d3bbef2f394b33712c76599ab` | 18 |
| linea | `0x3f817b28da4940f018c6b5c0a11c555ebb1264f9` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/euro3-3a-dao.
