BUSINESSCOINTELEGRAPH
MiCA-compliant euro stablecoins grew 128% before MiCA transition ended, says Decta
Decta's report indicates that the market cap of eight MiCA-compliant euro stablecoins increased by 128%, reaching $673.9 million in the year prior to Europe’s CASP transition period ending. The growth highlights the expansion of stablecoins compliant with the MiCA framework before regulatory changes took effect.
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Adjacent reporting
- Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction
- The stablecoin market tripled from $100B to $300B in one year. Analysts project it could hit $900B by 2030.
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- Tether stablecoin flips Ether by market cap as ETH routs to $1.5K