For the week ending October 25, 2026, the supply of euro-pegged stablecoins on the Solana network increased by $22 million. This growth rate surpassed the combined performance of all other blockchains monitored by Token Terminal.
The total market for euro stablecoins is currently estimated between $835 million and $916 million. Solana now accounts for approximately 13.7% to 14.8% of this market, maintaining its second-place position behind Ethereum.
Solana's broader stablecoin ecosystem has grown significantly, with total value exceeding $15 billion. The number of addresses holding stablecoins on the network has risen to over 14 million, up from fewer than 4 million in late 2024.
Key issuers on the network include Circle with EURC, Société Générale Forge with EURCV, and AllUnity with EURAU. These entities operate under the European Union's MiCA regulatory framework, which has facilitated payment integrations such as those with Thunes.
