Circle's EURC Surpasses €400M as Euro Stablecoin Adoption Soars

Circle's euro-backed stablecoin EURC has reached an impressive milestone, surpassing €400 million in circulation. This significant growth comes after the token more than doubled its supply over the past year. With EURC now supported on major blockchains and exchanges such as Coinbase and Kraken, as well as payment networks like Mastercard and Visa, its adoption is expanding across various sectors.

The token's success can be attributed to its MiCA-compliant status, which has provided regulatory clarity for institutional use. This has contributed to the growing demand for EURC in trading, payments, and settlement. Notably, euro stablecoins overall have grown to approximately €650 million in supply by mid-2026, with Circle's EURC maintaining a substantial market share amidst increasing competition from European bank-backed digital currencies.