$USDC crushing it with ~60% of USD stablecoin card spend. $EURC absolutely dominating euro rails at ~92%.

EURC went from $1.9M to $70M in card volume over 12 months — now the #3 most-spent stablecoin globally behind USDC and USDT.

Real-world utility is the alpha. Stablecoins aren't just for trading anymore — people are spending them IRL. Euro stablecoin adoption heating up fast.

Circle quietly winning the payments war.