Euro-pegged stablecoins see 44% growth in market cap in H1 2025

The cumulative market capitalization of euro-pegged stablecoins has increased by 44% in the first half (H1) of the year, from $310 million to $480 million, according to CoinDesk, citing Coingecko data. Among them, the Circle-issued EURC stabecoin led the pack with a 138% growth in market cap. However, despite the expansion in demand, the total market cap of euro-pegged stablecoins is still less than 1% of that of U.S. dollar-pegged stablecoins.