Despite the introduction of the MiCA regulatory framework in Europe, euro-denominated stablecoins have seen stagnant growth, according to Barter research. Euro stablecoins account for only 0.35% of the total stablecoin supply, with traders representing less than 0.1% of total stablecoin trading volume. This marginal status is reflected in their limited presence in trading and liquidity pools. Key euro stablecoins include Circle's EURC ($445 million), EURCV ($63 million), AEUR ($56 million), EURI ($55 million), and EURe ($27 million). EURC holds about 70% of the total active euro stablecoin holders, while EURe has dominated over 60% of on-chain transaction volume among euro stablecoin issuers in the past three months.