According to Odaily, Patrick Hansen, Circle's Senior EU Strategy and Policy Lead, announced on X that the market capitalization of EURC has exceeded 50 million euros based on DefiLlama data. Over the past week, EURC's market cap has surged by 36%, primarily due to its launch on the Base chain, which now holds approximately 8 million euros in EURC, and growth on the Ethereum chain. At this pace, EURC is on track to become the leading euro stablecoin by market capitalization. For reference, EURC is already the largest MiCA-compliant euro stablecoin. Although AEUR currently has a higher market cap, its issuance and redemption have been halted following the bankruptcy of Switzerland's FlowBank.