The euro stable market is finally moving.
Euro stables are nearing €1B in circulation for the first time.
EURC, EURS, AEUR were stuck at €300-400M throughout 2023-2024.
It's a red market, so it makes sense that stablecoins are growing at the moment – when crypto sells off, traders look for alternatives to park capital.
This growth puts euro stablecoins on the map.
More euro stablecoin volume means deeper liquidity for EU protocols and better CEX euro pairs.
For context, dollar stables still dominate:
– USDT leads with 60% market share ($185B)
– USDC holds 23% ($70B+)
€1B is tiny compared to dollar stables, but the growth is super important to European crypto adoption.

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