Fresh news from the crypto world! 🌐
- **Trends 2024**: The launch of Bitcoin and Ethereum ETFs has marked a milestone, but stablecoins are also booming, with a 6.93% dominance in the market.
- **Stablecoin Growth**: Tether (USDT) hit a new all-time high of $116 billion. PayPal USD (PYUSD) grew by 17.9%, also a record.
- **MiCA Regulations**: New regulations in Europe require stablecoin issuers to secure electronic money licenses and significant reserves.
- **USDC on Solana**: USDC dominates Solana with 70% of the total stablecoin supply on the chain.
What do you think of these trends? Leave us your comments! 🚀