Euro-pegged stablecoin supply has reached a record 751 million euros, surpassing the previous peak of 637 million euros set in February 2022. Circle's EURC and Société Générale's EURCV now dominate the market, accounting for 83% of total euro-stablecoin supply.
The milestone highlights growing institutional adoption of euro-denominated digital assets as European crypto regulations mature and demand for compliant on-chain liquidity instruments expands.
Euro-Pegged Stablecoin Supply Hits Record 751 Million Euros, Led by Circle and Société Générale
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