Spain emerges as leading EURC retail market in Europe, Brighty data shows
Spain has emerged as the leading retail market for Circle's euro-pegged stablecoin EURC in Europe, according to data from crypto banking platform Brighty. The country accounted for 36% of EURC transactions and 25% of transaction volume in 2025 and early 2026, with usage primarily driven by small-value payments. This trend highlights Spain's early adoption and institutional readiness for euro stablecoins under the EU's MiCA regulatory framework.
- ▪Spain accounted for about 36% of EURC transactions and 25% of transaction volume on Brighty in 2025 and the first quarter of 2026.
- ▪The average EURC transaction size in Spain was approximately 49 euros, indicating retail-oriented usage for daily spending and peer-to-peer transfers.
- ▪France had a much higher average transaction size of 171 euros, suggesting EURC is used more for larger transfers rather than everyday retail payments.
- ▪Brighty's co-founder Nick Denisenko attributed Spain's leadership to early adoption, high institutional competence, and active user engagement with stablecoin yield features.
- ▪EURC, issued by Circle Internet Financial Europe, holds about 49% of the $887 million euro-pegged stablecoin market, making it the largest euro stablecoin by market cap.
Opening excerpt (first ~120 words) tap to expand
Written by Helen Partz, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Written by Helen Partz, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Spain emerges as leading EURC retail market in Europe, Brighty data showsLatest NewsPublishedApr 30, 2026Brighty data shows Spain leading EURC retail usage, offering an early look at how euro stablecoins are being used under MiCA.Spain appears to be the strongest retail market for Circle’s euro-pegged stablecoin EURC on crypto banking platform Brighty, according to company data.Spain led EURC usage by a wide margin in 2025 and the first quarter of 2026, accounting for about 36% of transactions and 25% of volume, according to Brighty data seen by Cointelegraph.“For Spanish users, EURC functions essentially as a standard euro on a…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Cointelegraph.
Discussion
0 commentsMore from Cointelegraph
