According to data from Token Terminal, the number of unique addresses holding tokenized euros has officially surpassed 200,000. This marks a major milestone for euro-pegged stablecoins and reflects growing demand for crypto-native euro solutions across the Web3 space.
While U.S. dollar stablecoins like USDT and USDC dominate the market, euro-backed tokens are carving out their niche. Their growth suggests rising demand from European users, cross-border payment platforms, and decentralized finance (DeFi) apps looking for alternatives to USD-dominated liquidity.
What Are Tokenized Euros?
Tokenized euros are digital assets issued on blockchain networks and pegged 1:1 to the euro. Similar to USDC or USDT, they provide price stability while enabling fast, low-cost transactions globally. Popular euro stablecoins include EURT (by Tether) and EUROC (by Circle), among others.
These stablecoins are gaining traction in sectors like remittances, e-commerce, and DeFi protocols that want to offer euro-denominated assets. They also offer European crypto users a stable store of value without the need to convert to USD.
UPDATE: Unique addresses holding tokenized euros have now crossed 200K, per Token Terminal. pic.twitter.com/dq5Y0dVsHH
— Cointelegraph (@Cointelegraph) January 15, 2026
Why This Matters for Crypto Adoption
Surpassing 200,000 unique wallet holders is more than just a number; it highlights real user adoption. As tokenized euros continue to integrate with wallets, exchanges, and DeFi platforms, they play a key role in broadening the global reach of stablecoins.
This milestone also signals that Europe’s crypto ecosystem is maturing, and there’s increasing interest in regulated, fiat-backed digital currencies that suit the region’s financial norms.
With the rise of MiCA regulations in the EU and institutional interest in stablecoins growing, tokenized euros could soon become a vital part of crypto’s next phase.