EURC, Circle’s euro-pegged stablecoin, has crossed the €400 million circulation mark, roughly doubling its supply over the past twelve months. The milestone, reached in August 2026, puts EURC’s circulating supply between 393 and 406 million tokens. Each token is redeemable 1:1 for euros, backed by reserves held in regulated European banks and verified through monthly independent attestations. MiCA regulation has been a key driver of adoption, as EURC now commands an estimated 41% to 65% of the euro stablecoin market. The token is deployed across five blockchain networks: Ethereum, Solana, Avalanche, Stellar, and Base.
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