Circle’s EURC adds $4.8 million in a week as euro stablecoins keep inching up

Circle’s euro stablecoin, EURC, grew its market cap by $4.8 million over the past seven days. In a sector dominated by dollars, that counts as a respectable week. The gain pushes EURC’s market cap to $497.12 million as of October 19, 2026, with 443.11 million tokens in circulation. The numbers behind the week EURC’s supply climbed 8.8% in the month leading up to October 15, 2026, reaching €441 million. The token crossed €400 million in circulation back in August 2026. EURC has grown more than 10x since its MiCA launch two years ago, according to the research findings. Market share is where Circle really stands out. EURC commands roughly 60% of the euro stablecoin market, which is estimated at somewhere between $760 million and $810 million in total. A small pond, with one big fish The entire euro stablecoin segment makes up less than 0.3% of global stablecoin supply. Meanwhile, the USD stablecoin market exceeds $300 billion. Circle launched EURC in 2022 as a euro counterpart to USDC. Every token is backed 1:1 by euros held in reserve. The token is issued by Circle Internet Financial Europe SAS. It falls under the direct supervision of France’s Autorité de Contrôle Prudentiel et de ...