The market capitalization of tokenized euros has surged to a new all-time high of $1.1 billion, according to data from market analyst Token Terminal released on January 17, 2026. This represents a staggering 100% year-over-year increase from approximately $1.1 million in January 2025.
Tokenized euros are digital assets pegged 1:1 to the euro, offering price stability and enabling fast, low-cost global transactions. Major examples include Tether's EURT, Circle's EUROC, Spiko's EUTBL, Monerium's EURe, Angle's EURA, and Societe Generale's EUR CoinVertible. This growth highlights rising demand from European DeFi users and businesses seeking an alternative to USD-dominated stablecoins like USDT and USDC, which command a $303.97 billion market cap.
The surge is driven by several key factors. European customers are increasingly using euro stablecoins for cross-border settlements and remittances, avoiding crypto volatility. Adoption is also growing in e-commerce and DeFi platforms. The maturation of Europe's digital asset ecosystem, supported by the EU's MiCA regulation and rising institutional interest, is a significant catalyst.
From an infrastructure perspective, Ethereum dominates, hosting 52% of all tokenized euro value. Other major supporting blockchains include Arbitrum, Polygon, Base, Solana, Starknet, Avalanche, Stellar, XDC Network, and Gnosis.
This milestone is part of a broader tokenization boom. The total market cap for all tokenized assets—including government bonds, private credit, and real estate—has reached a new ATH of $327.3 billion. This acceleration, especially since mid-2024, signals institutional adoption and a shift toward viewing tokenization as core financial infrastructure for improving liquidity and settlement efficiency, rather than mere speculation.
