1 days ago
Circle’s euro-backed stablecoin, EURC, surged to a record supply as mounting U.S. trade tensions and a weakening dollar likely fuel demand for euro-denominated digital assets. EURC`s supply grew 43% over the past month to 217 million tokens worth $246 million, ranking above Paxos` Global Dollar (USDG) and below Ripple`s RLUSD by market capitalization, RWA.xyz data shows. Most of the EURC tokens circulate on the Ethereum network, up 35% in a month to 112 million, while Solana saw the fastest, 75% expansion to 70 million tokens. Base, Coinbase`s Ethereum layer-2, also saw a 30% growth to 30 million in EURC supply. The token also experienced an uptick in on-chain activity, with active addresses rising 66% to 22,000 and the monthly transfer volume surpassing $2.5 billion, up 47% in a month, per RWA.xyz . EURC is currently the largest euro stablecoin on the market, but it lags far behind its dollar-denominated counterparts. Dollar-pegged stablecoins make up 99% of the rapidly growing stablecoin market, led by Circle`s $58 billion USDC and rival Tether`s $143 billion USDT token. The accelerating growth of EURC could be a sign of growing demand for diversification to euro-denominated digital assets, particularly as global investors navigate increasing economic uncertainties in the U.S. with the Trump administration wide-scale tariff rollout. The greenback weakened 9% against the euro since the start of the year. Xapo Bank, a Gibraltar-based Bitcoin-focused financial services firm, reported Monday a 50% increase in euro deposit volumes during the first quarter, outpacing the 20% rise in USDC stablecoin deposits. Meanwhile, deposits in USDT declined by over 13%. "This rapid increase in volume came amidst mounting concern about the future of U.S. dollar primacy and the threat of a U.S. recession as markets braced for Trump’s planned `Liberation Day` in April," the firm said in the report. Stablecoin swap volumes between foreign currency pairs on Ethereum-based decentralized exchanges also soared to multi-year highs last week, dominated by the EUR-U.S. dollar pair, Blockworks data showed. EURC also has likely benefited from Tether`s withdrawal of its euro-backed stablecoin (EURT) with E.U.-wide MiCA regulations going into effect this year, while a number of exchanges delisted USDT for E.U. users to comply with regulations, including Binance at the end of March.
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Source: CoinDesk
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Markets Stablecoin Circle Xapo Euro
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Strive CEO Advocates for Intuit to Reassess Crypto Policy and Embrace Bitcoin for Long-Term Growth
Strive Asset Management CEO Matt Cole is pushing for fintech giant Intuit to reevaluate its policies regarding cryptocurrency, arguing for the addition of Bitcoin to its assets. Fresh off a CoinDesk
$10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks
Meta Title: $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks Meta Description: SOL, BTC, and ETH are solid April buys—but MAGACOINFINANCE is gaining steam as the altcoin with far more upside. $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks In April 2025, crypto’s heavyweights are holding their ground. Solana (SOL) is strong above $117 , Ethereum (ETH) is stable around $1,560 , and Bitcoin (BTC) continues trending above $80K . While these coins make sense for safety, traders hunting 20x–30x plays are locking into a fast-growing altcoin project — MAGACOINFINANCE . ROI Comparison – BTC, ETH, SOL vs MAGACOINFINANCE BTC : $80K to $150K = +87.5% ROI ETH : $1,560 to $10K = +541% ROI SOL : $117.93 to $300 = +154% ROI MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI ???? FINAL CALL — ACT NOW & SECURE YOUR SPOT! ???? BTC and SOL Are Smart—but MAGACOINFINANCE Could Be the Next SHIBA MAGACOINFINANCE is priced at just $0.0002908 with a listing target of $0.007 —yielding a built-in +2,308% ROI . But using the MAGA50X code unlocks 50% extra tokens , boosting the true upside to +3,645% . SOL once ran from $0.50 to $200+ , and SHIBA delivered 60,000% . If you missed those moves, this could be your redemption moment. With 12,500+ holders already in, you’re still early. ???? JOIN 12,500+ NOW — LIMITED TIME Analyst Math: $10 to $10K Isn’t Out of Reach Here Analysts are calling MAGACOINFINANCE one of the top altcoins for asymmetric returns. A simple $10 entry today with the 50% bonus could turn into $364.50 . A $250 bet? That could be $9,112.50+ at listing. Compare that to the 2–5x upside expected from majors— the math speaks for itself . Current Price Highlights SOL : Trading near $117.93 , with L1 upgrades growing ETH : At $1,560 , holding strong BTC : Hovering around $80,312 , still bullish ???? 50% EXTRA BONUS LIVE — USE CODE MAGA50X BEFORE IT’S GONE! Other Coins to Watch: XRP, AVAX, HBAR, SOL XRP is holding strong above $2.03 AVAX at $18.57 is scaling with subnets HBAR near $0.172 sees enterprise traction SOL continues to lead L1 growth Conclusion BTC, ETH, and SOL remain smart April plays—but MAGACOINFINANCE is the boldest. Low entry, viral growth, and analyst-backed ROI make this one a top target. If you missed SHIBA, don’t miss this window. Always do your own research before investing. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks appeared first on TheCoinrise.com . CoinDesk
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