EURC stablecoin issuance surpasses 90 million, hitting a new all-time high with market capitalization nearing $100 million

TechFlow news, on October 24, according to The Block, the supply of EURC, the euro-pegged stablecoin issued by Circle, hit a record high, surpassing 90 million tokens, with a current market capitalization approaching $100 million. Relevant data shows that EURC's current circulating supply is 91.8 million, reaching a market cap of $99.2 million.

"EURC has become the largest euro-denominated stablecoin by market cap, and its dominance is growing. This is the first time EURC has surpassed €90 million in circulating supply," said Patrick Hansen, Circle's Senior Director of EU Strategy and Policy, on social platform X.