ChainCatcher news, according to CCData's latest stablecoin report, the market value of European stablecoins fell in June due to the implementation of the Crypto Asset Market (MiCA) regulation.

The market value of euro-based stablecoins fell by 2.51%, hitting a 7-month low of $307 million. During this period, Tether's EURT stablecoin market value fell by 26%, mainly due to delisting from major exchanges such as Bitstamp.