Euro exchange (Euro/USD)It’s the liquidest forex pair in the world, soaring 12.88% in the first half of the year, outperforming the Nasdaq and S&P 500, almost competing with Bitcoin
According to data source transactions, a 14.8% increase.
The strength of the euro increases the attractiveness of the stablecoin, with value pegged to the euro.
Cumulative market value of 21 euros is stable Tracked by data source coingecko Increased from $310 million to $480 million. Leading growth is the U.S.-listed Eurc Stablecoin, whose market value has increased by 138% to $200.36 million.
“One of my bets this year is to transfer my entire Stablecoin stack from USDC/USDT to Euro-timed Stablecoin like Eurc. It grew 13% in less than 5 months’ worth,” Legend, Modern Market Fair, Modern Market Fair, Modern Market Fair, Modern Market Fair, Announced on X.
Although the demand for stable euro wooden stability has increased, their total market value is still less than 1% of the US dollar stablebacteria, which is accumulated Market value of US$254.88 billion.
EUR/USD rose from 1.0354 to nearly 1.17 Relevance crash Between exchange rates and differences between Fed and ECB rates Stay away from the US dollar based on broad transformation.
The 90-day correlation coefficient between the euro and Bitcoin recently jumped to 0.62, the highest since February 2024, indicating a moderate positive correlation between the two.
