EURC Stablecoin Dominates Euro Market, Fueled by MiCA & Payment Giants
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Euro stablecoins, particularly Circles EURC, are gaining traction, now accounting for over eighty percent of non-dollar stablecoin supply and eighty-five percent of transfer volumes. This surge is driven by regulatory clarity from MiCA and support from payment giants like Visa and Mastercard. European companies are adopting EURC for various financial needs, attracted by Circles reputable track record with USDC. EURCs supply has surpassed five hundred six million dollars, and its poised to facilitate cross-border payments, potentially filling gaps left by a digital euro.
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