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Spain leads Europe in adopting the EURC stablecoin
CryptoWorld News reports that Brighty data shows Spain leads Europe in retail use of the EURC stablecoin, making it the strongest retail market for Circle’s euro-pegged stablecoin EURC. In 2025 and the first quarter of 2026, Spain accounts for about 36% of EURC usage and approximately 25% of trading volume. Brighty co-founder Nick Denisenko said that for users in Spain, EURC essentially works as a standard euro on their cards, with no exchange-rate friction when trading with USDC. Although euro stablecoins still remain relatively small in the market, policymakers are looking to expand the euro’s role in the stablecoin market. According to CoinGecko data, EURC currently holds about 49% of the $887 million euro-pegged stablecoin market share. Brighty data also indicates that EURC activity in Spain is increasingly associated with small payments, such as peer-to-peer transfers and everyday spending, suggesting a clearer retail-oriented usage pattern.