PANews reported on December 6 that, according to CoinDesk, data from Coingecko shows that the market capitalization of euro-denominated stablecoins has doubled in the year since the EU's Crypto Asset Market Regulation (MiCA) came into effect, currently reaching approximately $683 million. However, this is still a significant gap compared to the over $300 billion market capitalization of dollar-denominated stablecoins.
According to Decta's "2025 Euro Stablecoin Trends Report," recent growth in euro stablecoins has been concentrated on a few leading tokens. For example, EURS saw a 6.44% increase in market capitalization. Additionally, Circle's EURC and Société Générale's EURCV also experienced significant growth, with transaction volumes increasing by 1139% and 343% respectively. Decta's survey also revealed a substantial increase in search activity for euro stablecoins across the EU, with Finland seeing a 400% increase and Italy a 313.3% increase. Smaller but steady growth was also observed in markets such as Cyprus and Slovakia.

