According to PANews, Circle's Head of EU Strategy and Policy, Patrick Hansen, announced on social media that EURC has become the largest euro stablecoin by market capitalization. Circle's Co-Founder and CEO, Jeremy Allaire, commented on the achievement, stating that the euro stablecoin has made significant progress.
Additionally, data from DefiLlama as of October 1 indicates that EURC's market cap is approximately $67 million, making it the leading euro stablecoin.