**[Circle: EURC Euro Stablecoin Circulation Surpasses €400 Million, Becoming a Key Component of Europe's On-Chain Payment Infrastructure]** BlockBeats News, August 18 — Circle officially announced that the circulation of its euro stablecoin EURC has surpassed €400 million, marking it as a significant growth node in the eurozone's on-chain financial ecosystem. Circle stated that the supply of EURC has grown by over 100% in the past year. As demand for compliant stablecoins increases across trading platforms, payment networks, and institutional businesses, EURC is transitioning from the experimental phase to practical application. EURC was first launched on Ethereum in June 2022 and subsequently expanded to multiple blockchains, including Avalanche, Stellar, Solana, and Base. By the end of 2024, EURC had been deployed across five chains, with a circulation volume of approximately €80 million, followed by continuous growth. Currently, EURC is listed on several mainstream trading platforms, including Bitpanda, Bitstamp, Bybit, Coinbase, and Kraken, supporting EURC/EUR and EURC/USD trading pairs, further enhancing euro liquidity on-chain. Circle noted that EURC's use cases are expanding from trading to payments, settlements, and institutional fund management. Fiat on/off-ramp service providers such as Mercuryo, MoonPay, Ramp, and Transak now support users in directly accessing digital assets using euros. Institutional custody and settlement platforms like Cobo, Copper, and Fireblocks have also integrated EURC. Additionally, Visa and Mastercard have previously expanded their support for EURC settlement capabilities, enabling its use in cross-border payments, card payment settlements, and enterprise-level fund transfer scenarios. With the full implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA), EURC operates under the Electronic Money Token (EMT) standard, issued by Circle's French electronic money institution and regulated by the French Prudential Supervision and Resolution Authority (ACPR). EURC's reserve assets are completely segregated from Circle's corporate funds and are regularly audited by independent third parties. As of January 2026, the global stablecoin supply stands at approximately $300 billion. While USD stablecoins remain dominant, euro stablecoins have emerged as the second-largest category. The euro stablecoin market size has grown from approximately €400 million in June 2025 to €650 million in June 2026, with EURC maintaining its leading position. Circle emphasized that despite EURC's growth, euro stablecoins remain in their early stages compared to the eurozone's M2 money supply of over €16 trillion. There is significant potential for future development in areas such as real-time settlement, cross-border payments, and enterprise financial infrastructure. [Original Link]