Patrick Hansen, senior head of strategy and policy at Circle European Union, said in a statement that based on DefiLlama data, the market value of EURC has exceeded 50 million euros. The market value of EURC has risen by 36% in the past week, mainly due to the launch on the Base chain (which already has about 8 million EURC on the chain) and the growth on the Ethereum chain. At this rate, EURC will soon become the leading euro stablecoin by market capitalization. For reference: EURC is already the largest MiCA compliant euro stablecoin. Although AEUR is currently worth more, it has now stopped issuing and redeeming due to the bankruptcy of FlowBank in Switzerland.