The present invention relates to reference voltage regulating methods and circuits for a constant current driver. In one embodiment, a method can include: setting a reference voltage circuit matching with a current output channel of a constant current source; setting a first resistor of the reference voltage circuit to follow an ideal equivalent resistor of the current output channel, and maintaining a proportion of the first resistor and the ideal equivalent resistor to be no less than a predetermined value M; setting a first current of the reference voltage circuit to follow an ideal output current of the current output channel, and maintaining a proportion of the first current and the ideal output current to be no less than 1/M; and setting a product of the first current and the first resistor to be a reference voltage of the reference voltage circuit.