🌟 Explosion of euro-backed stablecoins in 2024! 🌟

Thanks to the MiCA regulation, stablecoins like EURI, EURC, and EURCV have reached record monthly volumes of nearly €800 million in November. This boom has attracted institutional players and improved liquidity in the European market.

The euro is consolidating as the third most traded currency in cryptocurrency markets, driving the growth of Bitcoin and surpassing €12 billion in weekly volumes.

What do you think about the impact of MiCA on the market? 💬 Comment below!