According to blockchain data platform Token Terminal, as of the 5th, the total market capitalization of Euro stablecoins surpassed $810 million. Among them, Circle's EURC took the lead with a market share of 65%. EURCV, issued by SG Forge, a subsidiary of major French bank Societe Generale, ranked second with a market share of 16.7%. The remaining 23 assets accounted for 18.3% of the total market capitalization. Currently, Euro stablecoins are circulating on 20 blockchains, with the Ethereum (ETH) network having the highest proportion at 69.5%. Solana (SOL) and Base followed with shares of 15.1% and 7.2%, respectively.
