Euro stablecoins exploded the European crypto market in 2024, becoming a key growth driver thanks to the implementation of the MiCA regulation. 📈

Monthly volumes reached a record €800 million in November, driven by the success of EURI from Banking Circle on Binance. Other stablecoins, such as EURC and EURCV, captured 91% of the market. MiCA provided clarity and confidence for investors, although Tether exited due to regulatory issues.