Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
EURC The proportion of the supply of euro stablecoins increased
- The total supply of euro stablecoins reached US$848.1 million, an increase of approximately 22.6% since January 1.
- The new supply of euro stablecoins in 2026 will be approximately US$156 million, almost the same as the US$159 million growth rate of U.S. dollar stablecoins.
- Although the U.S. dollar stablecoin still accounts for 99.5% of the market dominance, the euro stablecoin only accounts for 0.3%.
- EURC and EURCV control approximately 82% of the euro stablecoin market.
- Ethereum accounted for 69.4% of the euro stablecoin supply, while Solana accounted for 14.7%.
Increase in the share of euro stablecoin supply
According to Token Terminal data, as of September 7, the supply of stablecoin denominated euros reached US$848.1 million, an increase of approximately 22.6% from US$691.7 million on January 1. This data shows that among euro-denominated tokens, the speed of new supply is particularly prominent in the large US dollar market. Although this comparison has not changed the dominance of the US dollar sector, it shows that most of the new net issuance this year has come from two very different currency markets.
In the first eight months of 2026, the net supply of euro stablecoins increased by approximately US$156 million. During the same period, the supply of U.S. dollar stablecoins increased from US$298.54 billion to US$298.699 billion, an increase of approximately US$159 million. The gap between the two markets remains huge: the dollar stablecoin controls approximately 99.5% of the total stablecoin supply, while the euro stablecoin only accounts for approximately 0.3%. Even so, the two markets have added almost the same supply this year.
EURC remains the largest euro stablecoin, with a market share of 62.6%. Closely followed by EURCV, with a market share of 19.6%. These two assets together account for approximately 82% of the total supply of euro-denominated stablecoins. EURI holds 4.5%, and EURe holds 3.9%. The remaining 20 types of euro tokens share less than 6%. SG-Forge, a subsidiary of Société Générale, issues EURCV in accordance with MiCA rules with European regulatory approval.
Ethereum captures most of the new issues
Ethereum recorded the largest increase in the supply of euro stablecoins. Its total rose to $588.7 million in September from $463.4 million in January. Currently, the network accounts for 69.4% of the euro stablecoin market. Solana also expanded, from $94.9 million to $124.9 million, reaching a market share of 14.7%. Base dropped to $58.7 million from $73.9 million, while Gnosis and BNB Chain recorded smaller increases. Liquidity remains concentrated on Ethereum and Solana, where most of the increase in the supply of euro stablecoin during 2026 will occur.
During the same period, the supply of dollar stablecoins changed very little. The sector rose slightly from approximately US$298.5 billion in January to US$298.7 billion in September, an increase of only 0.05%. As a result, the euro stablecoin achieved supply growth in an overall stable market.
European regulations also create clearer paths for banks and licensed e-money companies to issue tokens. However, demand for trading and decentralized finance (DeFi) for euro-denominated assets remains smaller than demand for dollar-based stablecoins.
