Circle co-creator Jeremy Allaire posted on the X platform that EURC is currently the largest euro stablecoin and has grown rapidly this year. By complying with clear and fair European regulations (along with USDC), EURC trading volume and on-chain foreign exchange usage continue to grow, and more and more exchanges and wallets are supporting EURC. Previously, Tether announced that it would stop supporting its euro stablecoin EURT.