EUR Stablecoin Market Overview — March 2026
As of March 1, 2026, the total circulating supply of EUR-denominated stablecoins has reached €702.30 million, marking a 3.79% increase over the past 30 days. There are currently 19 EUR stablecoins tracked across 26 blockchains.
The EUR stablecoin market continues to grow steadily, crossing the €700M milestone for the first time. MiCA-regulated issuers dominate the rankings, and institutional engagement from traditional banks is becoming a defining characteristic of the European on-chain economy. This monthly report covers the latest market cap data, market share distribution, and chain breakdown for every major Euro stablecoin.
Top 10 EUR Stablecoins by Market Cap
Here is the full ranking of the ten largest Euro stablecoins by circulating supply as of March 2026.
1. EURC (Circle) — €415.6M (64.3% market share) EURC remains the clear dominant force in the EUR stablecoin market. Issued by Circle and fully MiCA-compliant, EURC is live on Ethereum, Base, Solana, Avalanche, and six additional chains. Its circulating supply grew slightly from February, maintaining its position as the go-to EUR stablecoin for both retail and institutional DeFi users.
2. EURCV / EUR CoinVertible (SG Forge) — €62.2M (9.6%) EUR CoinVertible from SG Forge — Societe Generale's digital asset subsidiary — has grown to €62.2M, up from €58.2M in February. EURCV is available on Ethereum and Solana, and remains the largest EUR stablecoin issued by a traditional financial institution.
3. AEUR / Anchored Coins AEUR — €51.4M (8.0%) AEUR holds third place with €51.4M across Ethereum and BSC, though its lead over EURI has narrowed to just €0.4M this month.
4. EURI / Eurite — €51.0M (7.9%) EURI (Eurite) has climbed to €51.0M on Ethereum and BSC — nearly level with AEUR. The battle for third place in the EUR stablecoin market is tightening.
5. EURE / Monerium EUR emoney — €25.8M (4.0%) Monerium's EURE continues to be one of the most widely deployed EUR stablecoins by chain count, live on Gnosis, Ethereum, Arbitrum, Polygon, and five additional networks. It holds a 4.0% market share at €25.8M.
6. EURR / StablR Euro — €12.4M (1.9%) EURR, issued by StablR, is available on Ethereum and Solana, holding a 1.9% market share.
7. EUROP / Schuman EUROP — €8.2M (1.3%) Schuman's EUROP is available on Ethereum, Polygon, Avalanche, and Plasma, with a 1.3% market share.
8. EURS / Stasis Euro — €8.0M (1.2%) One of the oldest EUR stablecoins in existence, EURS is available on Ethereum, Polygon, Stellar, Algorand, and three additional chains. Despite its history, it holds just 1.2% market share as newer MiCA-compliant issuers have outgrown it.
9. EURA (formerly agEUR) — €3.7M (0.6%) EURA is available on Ethereum, Arbitrum, Polygon, Fantom, and six additional chains.
10. CEUR / Celo Euro — €3.4M (0.5%) CEUR is available on Celo, Solana, Polygon, and Ethereum, with a 0.5% market share.
Other EUR Stablecoins (Ranked 11–15)
11. VEUR / VNX EURO — €1.6M (0.2%) Available on Solana, Avalanche, Base, and eight additional chains.
12. PAR / Parallel — €1.2M (0.2%) Available on Ethereum, Polygon, and Fantom.
13. EURAU / AllUnity EUR — €1.1M (0.2%) Available on Ethereum, Base, OP Mainnet, and Polygon.
14. EURT / Euro Tether — €236K (0.0%) Tether's Euro stablecoin, available on Ethereum and Polygon. EURT continues to decline — a sharp contrast to Tether's USDT dominance in the dollar stablecoin market.
15. EUROe / EUROe Stablecoin — €113K (0.0%) Available on Solana, Polygon, Ethereum, Arbitrum, and four additional chains.
EUR Stablecoin Market Share Distribution
The market share breakdown for March 2026:
- EURC — 64%
- EURCV — 10%
- AEUR — 8%
- EURI — 8%
- EURE — 4%
- EURR — 2%
- EUROP — 1%
- All others — 3%
EURC holds roughly two out of every three euros in the EUR stablecoin market. Notably, EURCV has nudged up to 10% as it grows faster than the market average, while AEUR and EURI are now effectively tied at 8% each — setting up an interesting race for third place in the months ahead.
Blockchain Distribution of EUR Stablecoins
EUR stablecoins are deployed across 26 blockchains. The three largest chains by EUR stablecoin supply are:
- Ethereum — 70% of total EUR stablecoin supply
- Solana — 12%
- Base — 11%
Together, Ethereum, Solana, and Base account for 93% of all EUR stablecoin supply. Ethereum's share has grown from 68% in February to 70% in March, reflecting continued institutional preference for mainnet. Other supported chains include Gnosis, Avalanche, Polygon, and BSC.
Key Takeaways for March 2026
- The EUR stablecoin market crossed €700M for the first time. Reaching €702.30M is a meaningful milestone for the space, driven by steady demand for MiCA-compliant Euro liquidity on-chain.
- EURC holds strong above €415M. While its percentage share dipped slightly from 64.9% to 64.3%, EURC's absolute supply grew — the market around it is simply growing too.
- EURCV is gaining ground. SG Forge's EUR CoinVertible climbed to €62.2M and now holds a 9.6% share. Bank-issued EUR stablecoins are becoming a meaningful part of the market.
- AEUR and EURI are nearly tied. The gap between third and fourth place is just €0.4M — a race worth watching in April.
- Ethereum's share is growing. At 70%, Ethereum now holds an even larger proportion of EUR stablecoin supply than in February, reflecting institutional-grade deployment patterns.
Frequently Asked Questions
What is the total EUR stablecoin market cap in March 2026? The total EUR stablecoin market cap is €702.30 million as of March 1, 2026. This represents a 3.79% increase over the previous 30 days.
What is the largest EUR stablecoin? EURC, issued by Circle, is the largest EUR stablecoin with a market cap of €415.6 million and a 64.3% market share as of March 2026.
How many EUR stablecoins exist? There are 19 EUR-denominated stablecoins tracked as of March 2026, available across 26 different blockchains.
Which blockchain has the most EUR stablecoins? Ethereum holds 70% of all EUR stablecoin supply, making it the dominant chain. Solana (12%) and Base (11%) are the next largest.
Is the EUR stablecoin market growing? Yes. The EUR stablecoin market grew 3.79% in the 30 days leading up to March 1, 2026, crossing the €700M milestone for the first time.
Data sourced from DefiLlama Stablecoins. For live EUR stablecoin data and DeFi yields, visit eurooo.xyz.