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Tokenized Assets on Base Network Surge with Euro Focus
12/03/2025, 22:06
AI SUMMARY
●Token Terminal data shows rapid growth of tokenized assets on Base
●Spiko's USTBL and Circle's EURC lead with significant 30-day gains
●Trend suggests Base is emerging as a key hub for Euro-denominated assets
Token Terminal data highlights a significant surge in tokenized assets on the Base network over the last 30 days. Spiko's USTBL led the growth with a 71.5% increase in market cap, followed by Circle's EURC (+21.6%) and Spiko's EUTBL (+20.8%).
The data points to a growing concentration of Euro-denominated assets on the chain, prompting discussions about Base potentially becoming a 'Euro chain'. Other assets like Sky Ecosystem's USDS and Circle's USDC showed more moderate growth of roughly 5%.