EURC Stablecoin Surpasses 400 Million Euros in Circulation
The EURC stablecoin has reached a significant milestone, surpassing 400 million euros in circulation. This achievement marks an important growth node in the on-chain financial ecosystem of the Eurozone.
Launched on Ethereum in June 2022, EURC has expanded to multiple blockchains, including Avalanche, Stellar, Solana, and Base. As of the end of 2024, it had covered five chains with a circulation scale of approximately 80 million euros, and this is expected to continue growing.
EURC has been listed on several mainstream trading platforms, supporting EURC/EUR and EURC/USD trading pairs, further enhancing euro liquidity on-chain. Its application scenarios are expanding from trading to payments, settlements, and institutional fund management.