Circle’s Euro Stablecoin EURC Issuance Soars to All-Time High as Dollar Weakens

Odaily Planet Daily News Circle's Euro stablecoin EURC supply hit a record high. As US trade tensions intensify and the dollar weakens, demand for euro-denominated digital assets may be boosted. According to RWA.xyz, the supply of EURC has increased by 43% in the past month to 217 million, worth $246 million. Most EURC tokens are circulating on the Ethereum network, up 35% in the past month to 112 million. The supply of EURC on the Solana network has grown the fastest, up 75% in the past month to 70 million. The supply of EURC on Base has reached 30 million. (CoinDesk)