币界网报道：The EUR/USD exchange rate surged 12.88% in H1 2024, nearly matching Bitcoin's 14.8% gain and outperforming major U.S. stock indices. This euro strength boosted demand for euro-pegged stablecoins, with their total market cap rising 44% to $480 million. Circle's EURC led the growth, increasing 138% to $200.36 million. Crypto trader Legendary reported converting his stablecoin holdings to EURC yielded a 13% dollar-denominated gain in five months. Despite this growth, euro stablecoins remain under 1% of dollar-pegged stablecoins' $254.88 billion market cap. The EUR/USD rally to 1.17 (highest since 2021) reflects weakening correlation with interest rate differentials and broader USD weakness. Notably, Bitcoin's 90-day correlation with EUR/USD recently hit 0.62, the strongest since February 2024.