“The Fastest Growth Was Seen on the Ethereum, Solana and Base Networks, Data Shows.”, – WRITE: www.coindesk.com
Eurc’s Supple Grew 43% Over The Past Month to 217 Million Tokens Worm $ 246 Million, Ranking Above Paxos’ Global Dollar (USDG) and Below Ripple’s Rlusd by Market Capitaliz MOST OF THE EURC TOKENS Circulation on the Ethereum Network, Up 35% in a month to 112 Million, While Solana Saw The Fastest, 75% Expancing to 70 Million Tokens. Base, Coinbase’s Ethereum Layer-2, ALSO SAW A 30% Growth to 30 Million in Eurc Supple.
The token Also ExperienCed an Uptick in On-Cany Activity, with Active Addresses Rising 66% to 22,000 and the MONTHLY Transfer Volume Surpassing $ 2.5 Billion, Up 47% in A MON.
EURC SUPPLY ACROSS BLOCKCHAnes (rwa.xyz)
Eurc is Currently the Largest Europe Stablecoin on the Market, But It Lags Far Bengind Its Dollar-Denominated Councherparts. Dollar-PEGGED STABLECOins Make Up 99% of the Rapidly Growing Stablecoin Market, Led By Circle’s $ 58 Billion USDC and Rival Tether’s $ 143 Billion USDT Token.
The Acceleration Growth of Eurc Could Be a Sign of Growing Demand for Diversification to Europe-Denominated Digital Assets, Particularly As Global Invistors Navigate Increasing Eccusing Economic Incurity. Administration Wide-Scale Tariff Rollut. The Greenback Weaned 9% Against the Euro Since the Start of the Year.
XaPo Bank, A Gibraltar-Based Bitcoin-Focused Financial Services Firm, Reported Monday A 50% Increase In European Deposit Volumes Duryst Quarter, Outpacing The Usda. Meanwhile, Deposits in USDT Declined by Over 13%.
“This Rapid Increase in Volume Came Amidst Mounting Concern About the Future of Us Dollar Primacy and the Threat of A Us Recession As Markets Braced for Trump’s Planned ‘Liberation Day’ in.
Stablecoin Swap Volumes Between Foreign Currency Pairs on Ethereum-Basted Decentralized Exchangs Also Soared to Multi-Year Highs Last Week, Dominated by, the a, the Eco-Dollas.
EURC ALSO HAS LIKELY BENEFITED FROM TETHER’S WITHDRAWAL OF ITSEE-Backed Stablecoin (Eurt) with eu-Wide Mica Regulations Going Into. Complly with Regulations, Including Binance at the End of March.
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