Stablecoins and tokenized euros are accelerating in tandem!

Annual Stablecoin Settlement has surged past $50 trillion, while euro-backed tokens are spreading across payment platforms. Digital assets are progressing faster than we expected, and they’re changing the way money moves.

Europe’s got the spotlight

Euro-backed tokens have become one of the fastest-growing segments in the RWA space. The market cap of tokenized euros has jumped to $850 million, a 9 times increase since early 2023, according to Token Terminal.

Source: X

The growth is coming from a stack of players driving momentum: Spiko’s EUTBL, Circle’s EURC, Société Générale’s EUR CoinVertible, Angle’s EURA, Monerium’s EURe, and Tether’s EURT. The inflection point came in early 2025, when these issuers collectively pushed the category toward the $1 billion mark.

AMBCrypto previously reported that global institutions are leaning heavily into tokenization, with some forecasts estimating the sector could balloon from $0.6 trillion today to nearly $19 trillion by 2033. This growing demand is similar to that of the euro-backed tokens.

Retail and big institutions are now moving in the same direction.

Stablecoins are moving more money than ever

It’s not just euros! Annual Stablecoin Transfer activity crossed $50 trillion.

Source: X

Ethereum still leads by a wide margin, but the chart shows Base, TRON [TRX], Solana [SOL], and Avalanche [AVAX] rapidly stacking up their share. The pace is amazing – the market went from near-zero at the start of 2025 to tens of trillions in cumulative transfers by November.

The momentum doesn’t stop at annual totals…