Euro Stablecoins Witness Growth, Market Cap Doubles Under MiCA

3 mins mins

Key Points:

Euro-denominated stablecoins’ market cap doubles since MiCA regulation.
EURC and EURCV transaction volumes surge over 1000%.
Significant search activity increase in Finland and Italy.

Data from CoinGecko indicates euro-denominated stablecoins’ market capitalization doubled to $683 million since the EU’s MiCA regulation took effect, as reported by PANews on December 6.

This growth, although notable, still lags behind the $300 billion in dollar stablecoins, highlighting a significant gap despite increased interest in euro-stablecoin markets.

Euro Stablecoin Market Soars to $683 Million with MiCA

Data from Coingecko reveals that euro-denominated stablecoins have doubled in market capitalization to approximately $683 million. This increase comes a year after the Crypto Asset Market Regulation (MiCA) came into effect in the European Union. Leading tokens like EURS, EURC, and EURCV contributed significantly to this growth. EURS saw a 6.44% increase in market cap, while transaction volumes for Circle’s EURC and Société Générale’s EURCV grew by 1139% and 343%, respectively.

Despite the growth, euro stablecoins remain relatively small compared to dollar-denominated stablecoins, which hold a market cap exceeding $300 billion. The increased adoption of euro stablecoins suggests a gradual shift towards broader currency diversification in the stablecoin market.

The significant uptick in search activity across the EU highlights growing interest in euro stablecoins. Finland experienced a 400% increase in searches, and Italy saw a rise of 313.3%. Responses from market participants have been guarded, with some investors showing cautious optimism about the continued growth and adoption of euro-denominated assets.

Expert Insights and Historical Trends on Euro Stablecoins

Did you know? Decta reported that the increased interest in euro-denominated stablecoins parallels a similar trend observed in 2021 when smaller cryptocurrencies also noted substantial growth following regulatory clarity in major markets.

According to CoinMarketCap, STASIS EURO (EURS) currently holds a fully diluted market cap of $139.04 million, with a circulating supply of 124.13 million. Over the past 30 days, the token experienced a decline of 2.94%, reflecting recent volatility.

stasis-euro-daily-chart-3 — STASIS EURO(EURS), daily chart, screenshot on CoinMarketCap at 12:18 UTC on November 17, 2025. *Source: CoinMarketCap*

The Coincu research team suggests that euro-denominated stablecoins might continue seeing growth as regulatory clarity and stablecoin adoption rise. A recent analysis by the IMF emphasizes that, “Stablecoins can enhance payments and global finance by lowering costs and increasing access.” Historical trends indicate potential for these assets to capture a larger share of the stablecoin market, echoing similar growth patterns post-regulatory developments. For instance, the adoption of such assets is expected to reflect significant market changes.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.