Largest euro stablecoins
The largest euro stablecoin by circulating supply is EURC, issued by Circle Internet Financial Europe SAS, with €433.0 million in circulation as of 7 October 2026, 20:00 UTC. It represents 55.0% of the €786.8 million tracked euro stablecoin supply. The next largest are EURCV (€170.0 million) and EURXT (€54.4 million, not publicly traded).
Euro stablecoins ranked by circulating supply
| # | Stablecoin | Issuer | Circulating supply | Share | 30-day change | Chains | Status |
|---|---|---|---|---|---|---|---|
| 01 | EURC | Circle Internet Financial Europe SAS | €433.0M | 55.0% | +9.5% | 9 | Traded |
| 02 | EURCV | Societe Generale – FORGE S.A. | €170.0M | 21.6% | +6.1% | 4 | Traded |
| 03 | EURXT | CACEIS Bank (Crédit Agricole group) | €54.4M | 6.9% | +171.4% | 1 | Not publicly traded |
| 04 | EURI | Banking Circle S.A. | €33.1M | 4.2% | 0.0% | 2 | Traded |
| 05 | EURe | Monerium hf. | €29.3M | 3.7% | +3.3% | 7 | Traded |
| 06 | EUROP EURØP | Schuman Financial | €17.6M | 2.2% | +23.3% | 6 | Traded |
| 07 | EURR | StablR Ltd. | €15.7M | 2.0% | 0.0% | 4 | Security incident |
| 08 | EURQ | Quantoz Payments B.V. | €9.3M | 1.2% | −0.2% | 6 | Traded |
| 09 | EURS | STSS (Malta) Limited | €6.9M | 0.9% | 0.0% | 7 | Discontinued |
| 10 | EUROD | ODDO BHF SCA | €5.1M | 0.6% | 0.0% | 1 | Traded |
| 11 | jEUR Jarvis Synthetic Euro | Jarvis Network (Synthereum protocol; no central legal issuer) | €2.1M | 0.3% | +17.0% | 7 | Traded |
| 12 | EURm Mento Euro | Mento protocol (no legal entity) | €1.8M | 0.2% | +30.9% | 3 | Traded |
| 13 | EURR Revolut Euro | Bridge Building S.A. | €1.7M | 0.2% | +0.3% | 2 | Not publicly traded |
| 14 | EURA | Angle Labs Inc. | €1.3M | 0.2% | −7.6% | 1 | Winding down |
| 15 | dEURO | Decentralized EURO Association | €1.2M | 0.2% | −14.2% | 1 | Traded |
| 16 | PAR Parallel | Parallel Protocol (formerly Mimo Capital; no central legal issuer) | €1.2M | 0.2% | −1.1% | 2 | Wind-down |
| 17 | sEUR Synthetix sEUR | Synthetix protocol (no central legal issuer) | €998K | 0.1% | 0.0% | 2 | Discontinued |
| 18 | VEUR VNX Euro | VNX Commodities AG (Liechtenstein) | €930K | 0.1% | −0.3% | 8 | Traded |
| 19 | EURAU | AllUnity GmbH | €310K | 0.0% | −27.7% | 7 | Traded |
| 20 | EURSM | Stable Mint Ltd. | €267K | 0.0% | −94.1% | 1 | Traded |
| 21 | EUROs | The Standard Protocol (no central issuer) | €238K | 0.0% | 0.0% | 1 | Traded |
| 22 | EUR0 Usual EUR0 | Usual (France) | €191K | 0.0% | 0.0% | 1 | Traded |
| 23 | EUROe | Paxos Issuance Europe Oy (formerly Membrane Finance Oy) | €116K | 0.0% | 0.0% | 5 | Redemption-only |
| 24 | AEUR | Anchored Coins AG | €37K | 0.0% | 0.0% | 2 | Winding down |
| 25 | EURO3 | 3A DAO (3A protocol; no central legal issuer) | €8K | 0.0% | 0.0% | 1 | Wind-down |
| 26 | EURGH GateHub Euro | DINARO d.o.o. (Ljubljana, Slovenia) | €1K | 0.0% | — | 2 | Not publicly traded |
| 27 | HEUR HEURO | Heuro SAS | €11 | 0.0% | 0.0% | 2 | Not publicly traded |
The five largest euro stablecoins at a glance
- EURC — €433.0 million in circulation (55.0% of tracked supply) on 9 tracked chains; the largest deployment is Ethereum with 60% of its supply. Issuer: Circle Internet Financial Europe SAS.
- EURCV — €170.0 million in circulation (21.6% of tracked supply) on 4 tracked chains; the largest deployment is Ethereum with 84% of its supply. Issuer: Societe Generale – FORGE S.A.
- EURXT — €54.4 million in circulation (6.9% of tracked supply) on 1 tracked chain. Status: not publicly traded. Issuer: CACEIS Bank (Crédit Agricole group).
- EURI — €33.1 million in circulation (4.2% of tracked supply) on 2 tracked chains; the largest deployment is Ethereum with 91% of its supply. Issuer: Banking Circle S.A.
- EURe — €29.3 million in circulation (3.7% of tracked supply) on 7 tracked chains; the largest deployment is Gnosis with 62% of its supply. Issuer: Monerium hf.
How this ranking works
Assets are ordered by circulating supply only: the number of tokens in circulation on every tracked blockchain, minus tokens held in labelled issuer treasuries, with bridged supply counted once. Because each token targets €1, supply in tokens and value in euros are treated as equal. The ranking includes every asset in the eurostablecoins.xyz market total, including ones that are not publicly traded or are winding down; their status is shown in the last column. EURD is part of the market total but had no circulating supply at the latest collection, so it is not ranked.
Size is not quality. For a comparison by redemption access, regulation, trading and chains, see compare euro stablecoins; for the market total and its change, see the euro stablecoin market cap.
Tracked but outside the ranking
| Stablecoin | Reason excluded from the market total |
|---|---|
| EUX · dForce EUR | Historical/legacy crypto synthetic euro (dForce; euro sibling of USX). Verified residual supply (~5.0M EUX on Arbitrum) is preserved and shown, but the euro synthetic is legacy/low-activity and not independently regulated, so it is excluded from the headline aggregate market supply. |
| EURC · Mykobo EURC | Stellar euro anchor token (Mykobo, Polish GIFI VASP — not a MiCA EMT), residual scale (~€74.6k) with negligible DEX liquidity, and current independent issuance/redemption is unproven (classified wind-down). Its EURC asset code also collides with the headline Circle EURC. Excluded from the headline aggregate; its own issuer-scoped Horizon supply is collected and shown. |
| BLUEUR · Blue EMI Euro | Live private-ledger MiCA EMT (Axiology DLT) with no public contract or disclosed supply; circulating amount is not publicly confirmed, so it is excluded from the headline aggregate market supply. |
| BREUR · Bettr Euro | Live closed-loop MiCA EMT (CSSF Luxembourg) with no admitted-to-trading contract or disclosed supply; circulating amount is not publicly confirmed, so it is excluded from the headline aggregate market supply. |
| ENEUR · EagleNet Euro | Closed-loop, members-only MiCAR euro EMT on Algorand for settlement within Fiat Republic's EagleNet network. The Algorand ASA identifier is not officially published and current on-chain circulation is zero, so no supply is collected and it is excluded from the headline aggregate market supply. |
| EUR.PA | MiCA euro EMT from a Latvian EMI (ESMA-registered), offered from 2026-04-21 inside GR8's closed business-payments app. No public on-chain contract is disclosed or independently verifiable, so supply is not public and it is excluded from the headline aggregate market supply. |
| EURW · Newrails Euro | Live MiCA euro EMT issued by Newrails (Bank of Lithuania EMI #69) on Monad and Hedera. Per-chain on-chain supply is collected, but the Monad/Hedera issuance relationship (independent vs mirrored/bridged) and issuer-controlled balances are not reconciled, and there is no public market — so no defensible circulating figure exists and it stays excluded from the headline aggregate. |
| bitEUR · bitEUR (BitShares) | BitShares BTS-collateralized market-pegged euro synthetic (not fiat-backed). The nominal on-chain quantity (~24,979) is collected via a BitShares Graphene RPC adapter, but it is a crypto-collateralized synthetic without a defensible fiat-euro valuation, so circulating supply is null and it is excluded from the headline aggregate market supply. |
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