Euro Stablecoin EURC Becomes Largest By Market Cap

According to PANews, Circle's Head of EU Strategy and Policy, Patrick Hansen, announced on social media that EURC has become the largest euro stablecoin by market capitalization. Circle's Co-Founder and CEO, Jeremy Allaire, commented on the achievement, stating that the euro stablecoin has made significant progress. Additionally, data from DefiLlama as of October 1 indicates that EURC's market cap is approximately $67 million, making it the leading euro stablecoin.