Circle EU Regulator Patrick Hansen Reveals EURC Stablecoin Sees Weekly Trading Volume Around $16 Million

Patrick Hansen, the EU regulator for Circle, took to Twitter to disclose that the Euro-based stablecoin EURC records a weekly trading volume of approximately $16 million. While this volume remains relatively modest compared to USD trading volumes (weekly $107 billion), the growing interest in Euro-denominated stablecoins is evident. Given Circle’s ability to provide a real utility by merging cryptocurrencies with traditional finance, it is expected that interest in Euro stablecoins will continue to expand.