EURC Hits €400M Milestone, but Dollar Stablecoins Remain Dominant

Circle's euro stablecoin EURC has reached a milestone of €400 million in circulation, marking a significant achievement for the company and the broader crypto industry. Since its launch on Ethereum four years ago, EURC has expanded to five different blockchains: Avalanche, Stellar, Solana, Base, and Ethereum.

The growth of EURC is attributed to the increasing adoption of euro stablecoins by institutions, payment firms, and developers. The token's expansion into multiple blockchains has also contributed to its success. According to Circle, the supply of EURC doubled in the first half of 2025, with a 100% increase over the past 12 months.

However, it's essential to note that EURC still lags behind dollar-denominated stablecoins, which account for nearly 98% of the value of stablecoins. The dominance of the dollar in the stablecoin market is attributed to its widespread use and acceptance.