EURC Borrowing on Aave Climbs to €42.4 Million New ATH, Indicating Growing Usage in DeFi

MEVictim · 2026-01-13T01:23:00+00:00

The borrowing of EURC stablecoin on Aave has reached a record €42.4 million, indicating increased usage in decentralized finance (DeFi). Factors such as regulatory clarity and the need for euro-based services contribute to its rising popularity among European investors.

MEVictim

2026-01-13 01:23:00

Abstract generation in progress

Source: CryptoNewsNet Original Title: EURC Borrowing on Aave Climbs to €42.4 Million New ATH, Indicating Growing Usage in DeFi Original Link: Market analyst Sentora identified that the amount of EURC stablecoin borrowed on Aave’s decentralized lending protocol has reached a new all-time high of €42,449,908 EURC. EURC is a euro-backed stablecoin issued by Circle that enables businesses and individual users to send euro payments directly on-chain to others.

EURC Usage Spikes in DeFi

EURC’s climb to a new all-time high record shows that European investors and users are increasingly using the stablecoin on Aave to borrow against collateral and earn interest on various DeFi platforms. This reflects the thriving decentralized lending market with flexible offerings that combine DeFi’s transparency and efficiency with the compliance that institutional investors and users seek.

This tremendous rise in the EURC borrowed amounts points to multiple major catalysts behind the surge. The first driver is the increasing regulatory clarity in the EU, especially in the MiCA (Markets in Crypto-Assets) framework, which is building user confidence. The second factor is that Europe-based customers are increasingly using the EURC stablecoin not only to hedge against dollar-dominated crypto markets, but also to access a wide variety of euro-based services in DeFi networks to expand their financial liquidity.

Why EURC Is Gaining Traction

This substantial achievement showcases Aave’s prominent role in the DeFi lending market, indicating its strong growth and broad usage among customers aiming to capitalize on decentralized lending solutions.

EURC is one of the rapidly rising stablecoin money markets in DeFi. Following its launch in June 2022, the stablecoin has experienced immense growth, with its supply reaching €80 million by November 2022. Today, the circulating supply of the euro-backed stablecoin is worth €354.09 million as of January 12, 2026. The remarkable growth shows increasing demand for a euro-dominated stablecoin that can be utilized internationally in crypto transactions for different financial activities in the digital asset market.

AAVE5,21%

DEFI-4,98%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
3
Repost
Share

Comment

0/400

WhaleWatcher

· 15h ago

EURC has gained popularity on Aave. The stablecoin lending sector is becoming more competitive, and it seems that Euro stablecoins are truly the blue ocean.

View OriginalReply0

SerumSurfer

· 15h ago

EURC has hit a new high in borrowing on Aave. To be honest, the popularity of this stablecoin is indeed increasing, but it feels like it's just the beginning.

View OriginalReply0

LiquidationHunter

· 16h ago

Euro stablecoin is taking off on Aave? Looks like DeFi Europeization is really happening now

View OriginalReply0