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

Metrics posted today by 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, a Boston-based financial services company, commonly recognized by its USDC stablecoin) that enables businesses and individual users to send euro payments directly on-chain to others.

According to data released today by Sentora, the amount of EURC stablecoins borrowed on the Aave’s platform has surpassed €42.4 million EURC, reaching a new climbed to a new ATH, a reflection of increased usage of the stablecoin amid rising interest in DeFi.

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 jumping to €80 million by November 2022. Today, the circulating supply of its euro-backed stablecoin is worth €354.09 million as of January 12, 2026, according to the latest data sourced from DeFiLlama. 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.