Euro Stablecoin Market Rebounds Sharply After MiCA Implementation
The euro stablecoin market has doubled its capitalization from $500 million to $680 million following the implementation of MiCA regulations in June 2024. Transaction volume surged ninefold to $3.8 billion monthly, with EURC and EURCV leading the charge.
EURS reached $283.9 million by October 2025 as European search interest spiked 400%. This resurgence marks a stark reversal from the previous year's 48% contraction, outpacing the broader stablecoin market's 26% growth.
Regulatory clarity under MiCA has been the catalyst. London payments firm Decta reports the market cap rebound began immediately after the rules took effect, with reserve requirements and transparency standards boosting investor confidence.