As the US Dollar Weakens, Circle's Euro Stablecoin EURC Surpasses All-Time High Circulation

BlockBeats News, April 15th, according to CoinDesk's report, the supply of Circle's Euro stablecoin, EURC, has reached a record high, as the U.S. trade tensions escalate and the dollar weakens, the demand for Euro-denominated digital assets may be driven.

According to RWA.xyz data, the supply of EURC has grown by 43% in the past month, reaching 217 million tokens, worth $246 million.

Most EURC tokens are circulating on the Ethereum network, which has grown by 35% in the past month, reaching 112 million tokens. The EURC supply on the Solana network has grown the fastest, increasing by 75% in the past month, reaching 70 million tokens. The EURC supply on Base has reached 30 million tokens.