Euro Stablecoin
Search documents
X @The Block
The Block· 2026-02-04 02:04
RT Timmy Shen (@timmyhmshen)ICYMI: A busy U.S. session today at @TheBlock__ — here’s the rundown🌍 Avalanche Policy Coalition rolled out an advisory council, calling for “global energy” as crypto rules take shape💵 Y Combinator opens a stablecoin funding option for startups starting spring 2026📉 Mike Novogratz’s Galaxy Digital posted a $482M loss in Q4 even as its cash pile swells📊 S&P projects a potential 1,600x upper-bound jump in euro stablecoin issuance to $1.3T by 2030🔻 Standard Chartered cut its 2026 So ...
Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds
Yahoo Finance· 2025-12-06 13:00
Core Insights - The euro stablecoin market has experienced a significant rebound since the implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), with market capitalization doubling to approximately $680 million by May 2025 [1][3] Market Performance - The "Euro Stablecoin Trends Report 2025" indicates a potential shift in the euro stablecoin market, contrasting with a 48% contraction in the previous year and a 26% increase in the total stablecoin market cap [2] - The euro stablecoin market cap has climbed to around $500 million by May 2025, primarily due to improved issuer obligations and standardized reserve requirements [3] - Despite the growth, the euro stablecoin market remains a small fraction of the $300 billion market dominated by U.S. dollar-pegged tokens, particularly Tether's USDT and Circle Internet's USDC [3] Token Performance - Growth has been concentrated among standout tokens, with EURS issued by Stasis seeing a dramatic increase of 644% to $283.9 million by October 2025 [4] - Circle Internet's EURC and Societe Generale's EURCV also recorded significant gains, contributing to the overall market growth [4] Transaction Activity - Monthly transaction volume for euro stablecoins surged nearly ninefold to $3.83 billion following MiCA's implementation, with EURC and EURCV experiencing volume increases of 1,139% and 343% respectively [5] - The surge in transaction activity is attributed to increased usage in payments, fiat on-ramps, and digital-asset trading [5] Consumer Awareness - Consumer awareness of euro stablecoins has risen, with notable spikes in search activity across the EU, including a 400% increase in Finland and 313.3% in Italy, along with steady growth in Cyprus and Slovakia [6]