EURC’s Record Network Growth Could Signal a Major Shift in Europe’s Crypto Economy
The post EURC’s Record Network Growth Could Signal a Major Shift in Europe’s Crypto Economy appeared on BitcoinEthereumNews.com. EURC’s biggest-ever surge in addresses and wallets highlights rising interest in regulated euro stablecoins. Euro Coin (EURC) saw a sharp increase in on-chain activity as both daily active addresses and new wallet creation reached all-time highs in its four-year history, according to Santiment. The surge likely reflects growing demand for regulated euro-denominated stablecoins as the EU’s Markets in Crypto-Assets (MiCA) framework encourages exchanges, payment providers, and crypto applications to adopt compliant digital assets. Biggest On-Chain Spike Circle’s EURC has emerged as one of the leading euro-backed stablecoins in this environment, particularly as usage for these tokens continues to expand beyond traditional US dollar trading pairs. Santiment said the latest on-chain data indicates euro liquidity is becoming increasingly important across blockchai