歐元穩定的人正在上升，挑戰了美元在加密貨幣世界中的統治地位。在強大的歐元和新法規的推動下，這是數字融資的未來嗎？

Euro Stablecoins Surge: Can They Outpace the Dollar?

歐元穩定量激增：他們可以超過美元嗎？

The euro stablecoin market is heating up! With a nearly 30% climb in 2025, reaching almost $500 million, these digital assets are outpacing dollar-backed competitors. Is this a sign of a shift in the digital asset landscape?

歐元穩定市場正在加熱！這些數字資產在2025年的攀登近30％，達到近5億美元，超過了美元支持的競爭對手。這是數字資產環境轉變的跡象嗎？

A Perfect Storm for Euro Stablecoins

歐元穩定的完美風暴

Several factors are fueling this surge. The euro's impressive 12.88% appreciation against the dollar this year, driven by the European Central Bank's tighter monetary policy, is a major catalyst. Investors are actively seeking alternatives to the U.S. dollar, boosting demand for euro-backed stablecoins.

有幾個因素助長了這一激增。由歐洲中央銀行更嚴格的貨幣政策驅動的歐元對美元的令人印象深刻的12.88％的讚賞是主要的催化劑。投資者正在積極尋求美元的替代品，從而提高了對歐元支持的穩定股的需求。

Jens Nordvig, a top macro strategist, points to a broader "Sell America" trend, with money flowing out of U.S. assets and into Bitcoin, the euro, and gold. This macroclimate creates fertile ground for euro-denominated stablecoins, increasingly used for value storage and cross-border payments.

頂級宏觀戰略家詹斯·諾德維格（Jens Nordvig）指出了更廣泛的“賣給美國”趨勢，從美國資產中流出的錢進入比特幣，歐元和黃金。這種大氣候為以歐元為基礎的穩定劑創造了肥沃的地面，越來越多地用於存儲價值和跨境支付。

EURC Leading the Charge

EURC領導費用

Circle's EURC stablecoin is leading the way, experiencing a whopping 138% increase in supply during the first half of 2025, exceeding $200 million in market value. Its rapid adoption on Ethereum, Solana, and Base, coupled with a surge in on-chain activity, highlights its growing popularity.

Circle的Eurc Stablecoin正在領先，在2025年上半年，供應量增加了138％，超過2億美元的市場價值。它在以太坊，索拉納和基礎上的迅速採用，再加上鍊上活動的激增，強調了其日益普及。

While still smaller than USDC and USDT, EURC's momentum is undeniable. Other euro-backed tokens, like Stasis EURS and Tether's EURT, are also gaining traction. However, EURC's regulatory alignment and MiCA compliance make it a favorite among institutions and DeFi protocols.

雖然仍然小於USDC和USDT，但Eurc的勢頭是不可否認的。其他歐元支持的令牌，例如Stasis Eurs和Tether的Eurt，也在吸引人。但是，EURC的監管一致性和雲母合規性使其成為機構和DEFI協議中的最愛。

MiCA: A Game Changer

雲：改變遊戲規則

The European Union's Markets in Crypto-Assets (MiCA) rule is a key driver of euro stablecoin growth. Its stringent standards for issuer licensing, transparency, and reserves provide investors with confidence in euro-denominated tokens. This regulatory clarity positions euro stablecoins as a regulated, safe haven for both retail and institutional buyers.

歐盟在加密資產（MICA）規則中的市場是歐元穩定增長的主要驅動力。它的發行人許可，透明度和儲備金的嚴格標準使投資者對以歐元計時為代幣充滿信心。這種法規清晰度將歐元穩定的股份視為零售和機構買家的受監管的避風港。

Can the Euro Become Crypto's Second Reserve Currency?

歐元可以成為加密貨幣的第二儲備貨幣嗎？

Despite their rapid growth, euro stablecoins still represent a small fraction of the overall stablecoin market. However, with the euro's resurgence, MiCA's regulatory clarity, and growing demand for non-dollar-denominated assets, the euro has a real shot at becoming crypto's second reserve currency.

儘管它們的增長迅速，但歐元穩定幣仍然佔整體穩定市場的一小部分。但是，隨著歐元的複興，雲母的監管清晰度以及對非美元計價資產的需求不斷增長，歐元在成為加密貨幣的第二個儲備貨幣方面具有真正的鏡頭。

The recent jump in the 90-day correlation coefficient between EUR/USD and bitcoin to 0.62, the highest since February 2024, further indicates the rising appeal of Euro.

最近的90天相關係數在歐元/美元和比特幣之間達到0.62，這是自2024年2月以來最高的增長，進一步表明了歐元的上訴。

My Take: The Future is Multi-Currency

我的看法：未來是多貨幣

While it's unlikely the euro will completely dethrone the dollar, the rise of euro stablecoins signifies a move towards a more diversified digital financial ecosystem. The strength of the euro, coupled with proactive regulatory frameworks like MiCA, offers a compelling alternative for investors and users seeking stability and innovation. This isn't just about competition; it's about creating a more robust and resilient global financial system.

儘管歐元不太可能完全取消美元，但歐元穩定的興起表示朝著更多元化的數字金融生態系統邁進。歐元的實力，再加上諸如MICA之類的積極主動框架，為尋求穩定和創新的投資者和用戶提供了令人信服的替代方案。這不僅僅是競爭；這是關於創建更強大，更有彈性的全球金融體系。

Bottom Line

底線

The euro stablecoin market's impressive growth isn't just a headline; it's a sign of things to come. With regulations in place and the euro gaining strength, euro-backed stablecoins are emerging as a strong contender to the dollar, poised to reshape the future of digital money in Europe and beyond.

歐元Stablecoin市場的令人印象深刻的增長不僅是標題；這是即將到來的跡象。隨著法規的製定和歐元的增長力量，歐元支持的穩定者正在成為美元的強大競爭者，並準備重塑歐洲及其他地區的數字資金的未來。

So, buckle up, folks! The ride's just getting started. Who knows, maybe one day we'll all be using euro stablecoins to buy our morning coffee. How's that for a global village?

所以，搭扣，伙計們！這次旅程才剛剛開始。誰知道，也許有一天我們都會使用歐元穩定幣購買我們的早晨咖啡。這對一個全球村莊怎麼樣？