As the US dollar weakens, the issuance of Circle's euro stablecoin EURC has surged to a historic high.

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BlockBeats News: On April 15, CoinDesk reported that the supply of Euro stablecoin EURC, issued by Circle, hit an all-time high, and demand for euro-denominated digital assets could be boosted as trade tensions in the United States rise and the dollar weakens. According to RWA.xyz, the supply of EURC has increased by 43% over the past month to 217 million, worth $246 million. The majority of EURC tokens are circulating on the Ethereum network, which has grown by 35% over the past month to 112 million. The supply of EURC on the Solana network is growing the fastest, growing by 75% over the past month to 70 million. The supply of EURC on Base reached 30 million.

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