EURC Stablecoin Surpasses €400 Million Milestone as Circle Stock Price Rises

Circle's euro stablecoin EURC has surpassed €400 million in circulation. This milestone comes as Circle stock price gained 4.15% to $74.59 on August 17, according to Google Finance data.

The company highlighted the growth of EURC supply, which has increased by more than 100% over the past year. EURC is now available across major blockchains, exchanges, and payment networks, giving users more ways to move and use euro-denominated digital money.

Circle's expansion plans for EURC include serving uses such as settlement, foreign exchange, and treasury work. The company has also linked the growth of EURC to clearer rules in Europe, particularly the Markets in Crypto-Assets regulation that became fully applicable in December 2024.