Circle euro stablecoin EURC issuance soars to record high
On April 15, it was reported that the supply of EURC, a euro stablecoin issued by Circle, hit a record high. As trade tensions in the United States intensify and the US dollar weakens, demand for euro-denominated digital assets may be boosted. According to RWA.xyz, EURC supply has increased 43% in the past month to 217 million units, valued at US$246 million. The majority of EURC tokens are circulated on the Ethereum network, which has increased by 35% in the past month to 112 million. The supply of EURC on the Solana network has grown the fastest, growing by 75% in the past month to 70 million units. The supply of EURC on Base has reached 30 million units.
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