Ethereum, Solana and Base capture 91.5% of euro stablecoin market
- —Euro stablecoin capitalization reached about $835 million by mid-August 2026
- —Ethereum holds 69.5% of the market — $579–589 million in euro stablecoins
- —Solana holds 14.8%, Base 6.9%, with the remaining ~17 networks below 9%
- —EURC and EURCV together account for more than 80% of supply
Why it matters: The growth of euro stablecoins under MiCA intensifies competition with dollar stablecoins and cements Ethereum's and Solana's dominance in the regulated segment.
Source: Crypto Briefing