The number of independent senders of non-USD stablecoins on the Solana chain has grown nearly threefold year over year, driven mainly by the euro stablecoin EURC and the Brazilian real stablecoin BRZ. Solana’s technical advantages have attracted the integration of multiple payment providers, reflecting a rising market demand for cross-border payments on high-throughput blockchains.

Digital payments platform Wirex integrated the Gauntlet-managed Morpho vault into its enterprise accounts on March 20, enabling automatic conversion of corporate funds to USDC or EURC and deposit into the vault. Over $10 million has already been earning yields through this feature. Future expansions will include British pound, Australian dollar, and Hong Kong dollar accounts, along with the launch of enterprise loans backed by Bitcoin collateral.

Decentralized stablecoin project Angle Protocol announces it will gradually shut down its euro stablecoin EURA and US dollar stablecoin USDA, with community voting unanimously in favor of the decision. EURA was once a market leader, but due to increased competition, its market cap has dropped to $4 million. Despite the ongoing market expansion, EURA has chosen to exit orderly and allows holders to exchange it for other stablecoins within one year.

With the European Union's Markets in Crypto-Assets Regulation (MiCA) officially coming into effect in 2024, euro stablecoins are experiencing a long-awaited growth cycle. Data shows that within 12 months of MiCA implementation, the market capitalization of major euro stablecoins increased by over 100% year-on-year, completely reversing the previous downward trend. By mid-2025, the total market cap of euro stablecoins has approached 500 million USD, and the monthly trading volume has surged from less than 400 million USD to 3.8 billion USD, with EURC and EURCV leading the growth. On the surface, euro stablecoins are rapidly "reviving," and the European cryptocurrency market seems to be entering a better liquidity environment. However, the key issues that truly impact traders' execution prices are hidden within the trading venues and order book structures.

BlockBeats news, on December 24, Circle officially released data showing that the circulating supply of the euro stablecoin EURC has now exceeded 300 million coins. The market demand for euro stablecoins that comply with MiCA standards, are fully backed, and can be used globally is rising.

World announces its app has received a major upgrade. The new version introduces encrypted chat, virtual accounts, and support for encrypted payments with over 100 assets, officially moving towards a “super app” that combines identity verification and global payments. Led by Sam Altman, the core goal of the project is to provide users with reliable human verification tools in an era of rapid AI technological development. According to the official announcement, this upgrade allows users to send, recharge, and withdraw cryptocurrencies within the World wallet and virtual accounts, experiencing a convenient payment process similar to Venmo. The new app supports USDC, EURC, wrapped Bitcoin, Ethereum, and over 100 other cryptocurrencies, covering a broader crypto asset ecosystem.

BlockBeats News, December 12 — Circle's Euro-pegged stablecoin EURC is now live on World App. Users can now buy, sell, and send EURC within the World Wallet.