欧元稳定的人正在上升，挑战了美元在加密货币世界中的统治地位。在强大的欧元和新法规的推动下，这是数字融资的未来吗？

Euro Stablecoins Surge: Can They Outpace the Dollar?

欧元稳定量激增：他们可以超过美元吗？

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?

欧元稳定市场正在加热！这些数字资产在2025年的攀登近30％，达到近5亿美元，超过了美元支持的竞争对手。这是数字资产环境转变的迹象吗？

A Perfect Storm for Euro Stablecoins

欧元稳定的完美风暴

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.

有几个因素助长了这一激增。由欧洲中央银行更严格的货币政策驱动的欧元对美元的令人印象深刻的12.88％的赞赏是主要的催化剂。投资者正在积极寻求美元的替代品，从而提高了对欧元支持的稳定股的需求。

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.

顶级宏观战略家詹斯·诺德维格（Jens Nordvig）指出了更广泛的“卖给美国”趋势，从美国资产中流出的钱进入比特币，欧元和黄金。这种大气候为以欧元为基础的稳定剂创造了肥沃的地面，越来越多地用于存储价值和跨境支付。

EURC Leading the Charge

EURC领导费用

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正在领先，在2025年上半年，供应量增加了138％，超过2亿美元的市场价值。它在以太坊，索拉纳和基础上的迅速采用，再加上链上活动的激增，强调了其日益普及。

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.

虽然仍然小于USDC和USDT，但Eurc的势头是不可否认的。其他欧元支持的令牌，例如Stasis Eurs和Tether的Eurt，也在吸引人。但是，EURC的监管一致性和云母合规性使其成为机构和DEFI协议中的最爱。

MiCA: A Game Changer

云：改变游戏规则

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.

欧盟在加密资产（MICA）规则中的市场是欧元稳定增长的主要驱动力。它的发行人许可，透明度和储备金的严格标准使投资者对以欧元计时为代币充满信心。这种法规清晰度将欧元稳定的股份视为零售和机构买家的受监管的避风港。

Can the Euro Become Crypto's Second Reserve Currency?

欧元可以成为加密货币的第二储备货币吗？

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.

尽管它们的增长迅速，但欧元稳定币仍然占整体稳定市场的一小部分。但是，随着欧元的复兴，云母的监管清晰度以及对非美元计价资产的需求不断增长，欧元在成为加密货币的第二个储备货币方面具有真正的镜头。

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天相关系数在欧元/美元和比特币之间达到0.62，这是自2024年2月以来最高的增长，进一步表明了欧元的上诉。

My Take: The Future is Multi-Currency

我的看法：未来是多货币

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.

尽管欧元不太可能完全取消美元，但欧元稳定的兴起表示朝着更多元化的数字金融生态系统迈进。欧元的实力，再加上诸如MICA之类的积极主动框架，为寻求稳定和创新的投资者和用户提供了令人信服的替代方案。这不仅仅是竞争；这是关于创建更强大，更有弹性的全球金融体系。

Bottom Line

底线

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.

欧元Stablecoin市场的令人印象深刻的增长不仅是标题；这是即将到来的迹象。随着法规的制定和欧元的增长力量，欧元支持的稳定者正在成为美元的强大竞争者，并准备重塑欧洲及其他地区的数字资金的未来。

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，伙计们！这次旅程才刚刚开始。谁知道，也许有一天我们都会使用欧元稳定币购买我们的早晨咖啡。这对一个全球村庄怎么样？