The number of unique addresses holding tokenized euros has surpassed 200,000, according to data from Token Terminal. This milestone highlights the growing demand for euro-pegged stablecoins within the Web3 ecosystem. While U.S. dollar stablecoins like USDT and USDC dominate the market, euro-backed tokens are gaining traction, particularly among European users and decentralized finance (DeFi) platforms seeking alternatives to USD liquidity.
Tokenized euros, such as EURT by Tether and EUROC by Circle, are digital assets pegged 1:1 to the euro, offering price stability and enabling fast, low-cost transactions. Their increasing adoption reflects a maturing European crypto ecosystem and rising interest in regulated, fiat-backed digital currencies. This trend is further supported by the EU's MiCA regulations and growing institutional interest in stablecoins, positioning tokenized euros as a significant component of the crypto landscape.
Tokenized Euro Holders Exceed 200,000, Marking Adoption Milestone
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