Despite efforts to diversify the stablecoin market, the U.S. dollar remains overwhelmingly dominant, with 99.8% of stablecoins pegged to it, totaling over $303 billion. According to blockchain analytics platform Artemis, stablecoins linked to other currencies have struggled to gain significant traction. Euro-based stablecoins, however, have shown some growth, now comprising 0.18% of the market. Leading this segment is EURC, with €287 million in circulation, indicating a modest but notable increase in euro-pegged stablecoin adoption.