Trading volume of the Circle stablecoin surged in July thanks to new EU rules for digital assets.

- USD Coin (USDC) trading volume on centralized exchanges reached $135 billion.

- USDC market capitalization increased by 5.4% to $33.6 billion.

- Circle became the first stablecoin issuer approved by EU regulators.

Trading volume on centralized exchanges fell 8.4%, continuing its decline for the fourth month in a row. 📉