Euro stablecoins currently account for 85% of non-USD cryptocurrency transfer volume, with a monthly transaction value of approximately $10 billion, primarily driven by international payments, remittances, and corporate settlements. This growth has largely benefited from the regulatory clarity provided by Europe's MiCA framework, which reduces risks for businesses. Payment giants Visa and Mastercard are integrating euro stablecoins such as Circle's EURC (with a supply exceeding $500 million) into their respective settlement networks. Despite the rapid development of euro stablecoins, they still constitute only a small fraction of the global stablecoin market, which exceeds $300 billion in size, while USD stablecoins remain dominant in the market.