Fintech giants Robinhood and Revolut are targeting the stablecoin market as new rules in Europe promise clarity and could impact crypto companies' stakes.
- Both companies are considering issuing their own stablecoins, according to Bloomberg.
- Tether (USDT) dominates the market, controlling more than 75%.
- EU's MiCA imposes strict rules including transaction limits and reserve requirements.
- Tether criticizes new rules, Circle adapts.