Non-USD stablecoins reach $2B as EURC, BRZ, and A7A5 show rising demand for local-currency crypto liquidity beyond USD.
Read more🔽
https://t.co/5BZnW4eY2b https://t.co/jGmT7RxDKe
Non-USD stablecoins reach $2B as EURC, BRZ, and A7A5 show rising demand for local-currency crypto liquidity beyond USD.
Read more🔽
https://t.co/5BZnW4eY2b https://t.co/jGmT7RxDKe
Check key reactions on "The Talk"🔽 https://t.co/tJkRTqOMVW
USD stablecoins dominate 99% of the market.
But the other 1% just grew 16x in 3 years.
Local currency stablecoin supply is up 70%. On-chain transfer volume went from $600M to $10B. EURC is live on Aave and Visa Direct. BRLA hit $400M+ transfer volume in Feb 2026. XSGD is quietly settling Grab × Alipay+ in the background.
And @circle StableFX is now trying to connect all of them — with RFQ mechanics and PvP atomic settlement. Essentially an on-chain FX network.
The $9.6T/day FX market hasn't been disrupted yet. But the plumbing is being laid — and most people haven't noticed.
Full breakdown 👇
https://t.co/yKRML816HW
🇪🇺 ECB Blocks Euro Stablecoin Push
ECB warned EU finance ministers that expanding euro stablecoins would weaken banks and complicate interest rate control.
Key Points:
🔹 Bruegel proposed easing rules and ECB funding access for euro stablecoin issuers
🔹 Lagarde and central bankers pushed back hard
🔹 Stablecoins pull deposits out of banks, raising funding costs
🔹 ECB refused to act as backstop for stablecoin firms
The Reality Check:
🔹 Europeans drive 38% of global stablecoin transactions
🔹 Euro stablecoins are only 0.3% of total supply
🔹 EURC ranks just 12th globally