**Crypto Giants Robinhood and Revolut Eye Stablecoin Market Amid New EU Regulations ๐Ÿš€**

- Robinhood and Revolut are reportedly considering launching their own stablecoins, as new European regulations promise clearer rules for the crypto industry.

- Tether (USDT) currently dominates the stablecoin market, holding over 75% market share and reporting record profits.

- The EUโ€™s MiCA regulation, introduced in 2023, imposes strict rules on stablecoins, including reserve requirements and transaction volume caps.

- Tetherโ€™s CEO criticized the regulations, while Circleโ€™s Euro-backed stablecoin EURC is adapting to the new framework.

- Stay tuned for more stablecoin shake-ups!