Stablecoin usage in Europe has significantly increased in recent years, although the region still lags behind North America. By 2025, Europe will account for 34% of overall stablecoin usage.
Stablecoin Usage in Europe
As of now, European countries constitute 34% of total stablecoin usage, up from 16% in 2024. Despite this increase, North America remains the leader, covering 42% of this market. Stablecoins are primarily used for trading and as a payment medium.
Growth of EURC Supply
With the increased usage of stablecoins in Europe, there has also been a rise in the supply of EURC, a new stablecoin pegged to the euro. Since early 2025, the supply of EURC has been increasing and currently stands at around $200 million at a rate of 1.16. However, this stablecoin remains niche compared to other tokens.
Comparison with Other Regions
While Europe is witnessing growth in stablecoin usage, the Asian market is facing a decline. The share of stablecoins in Asia fell from 33% in 2024 to approximately 12% in 2025. As Europe develops its capabilities, Asia is experiencing increased regulatory scrutiny and a desire to regulate the activities of stablecoins.
In conclusion, Europe is gradually increasing stablecoin usage, indicating greater potential for crypto development in the region. However, achieving full integration will require addressing the differences and challenges faced by various regions.
