Market Trends - Euro-denominated stablecoins market cap doubled after June 2024 rules took effect, reversing a previous 48% decline [1] - Monthly transaction volume of euro stablecoins increased approximately 9x, from $383 million to $3.8 billion [1] - Euro stablecoins market cap is ~$680 million, significantly lower than USD stablecoins at $300 billion [1] Leading Stablecoins - EURS, EURC, and EURCV led the gains in euro-denominated stablecoins [1]

The euro stablecoin market has rebounded in the year since the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) came into force, with market capitalization doubling after regulations governing the tokens rolled out in June 2024, according to a new report. The “Euro Stablecoin Trends Report 2025” from London-based payments processing company Decta points a potential shift for the tokens, whose value is pegged to the single European currency and which have historically struggled to gain trac ...