Euro-Backed Stablecoins Flourish Post-MiCA, Reach €800M in Monthly Volumes
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these tokens have notched a new record in terms of monthly volumes after attracting liquidity and institutional players across the region. MiCA Spurs Euro-Backed Stablecoin Adoption