Eurocurrency

What Does Eurocurrency Mean?
Currency deposited by national governments or corporations in banks outside their home market. This applies to any currency and to banks in any country. For example, South Korean won deposited at a bank in South Africa, is considered eurocurrency.

Also known as "euromoney".

Investopedia explains Eurocurrency
Having "euro" doesn't mean that the transaction has to involve European countries. However, in practice, European countries are often involved.