The euro stablecoin market doubled in size after MiCA regulations rolled out in June 2024, hitting $680 million by May 2025. Growth was driven by improved issuer obligations and standardized reserve requirements, but it still lags far behind the U.S. dollar-pegged market dominated by Tether and USDC.

Standout tokens like EURS, EURC, and EURCV saw significant gains, with EURS from Malta-based Stasis skyrocketing 644% to $283.9 million by October 2025. Transaction activity surged ninefold to $3.83 billion monthly, with EURC and EURCV benefiting the most from increased usage in payments and trading.

Consumer awareness of euro-stablecoins is on the rise, with significant spikes in search activity across the EU. Countries like Finland and Italy saw 400% and 313.3% growth respectively, indicating a growing interest in these tokens for payments and trading.

Read more at Yahoo Finance: Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds