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MiCA regulation boosts Circle's EURC stablecoin activity, challenging Tether's dominance in Europe.

Market News
10 Jul 2026
Cointribune
View Source
Bullish
MiCA regulation boosts Circle's EURC stablecoin activity, challenging Tether's dominance in Europe.

Circle's EURC stablecoin has seen record activity in Europe, with 1,760 active addresses and 713 new wallets daily, driven by the MiCA regulation which excludes non-compliant stablecoins like Tether's USDT from European platforms. This regulatory environment favors EURC as the legal and transparent euro-pegged stablecoin, making it the preferred choice for companies seeking compliance. However, Tether is negotiating with regulators to obtain MiCA approval, setting the stage for a competitive battle for market dominance in Europe. The situation highlights the trade-off between regulatory security and dependency on a single issuer in the evolving stablecoin landscape.

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Ethereum sees $68.36M net outflow while SOL, USDT, and BTC attract inflows in latest crypto fund flows

Ethereum sees $68.36M net outflow while SOL, USDT, and BTC attract inflows in latest crypto fund flows

In the latest 24-hour crypto fund flows, Ethereum experienced a net outflow of approximately $68.36 million, indicating investors pulled more funds out than they put in. Meanwhile, Solana (SOL), Tether (USDT), and Bitcoin (BTC) attracted net inflows ...

Market News
Neutral
7 hours ago
USDC stablecoin traded $40.2B on decentralized exchanges during Q3 weekends when banks were closed.

USDC stablecoin traded $40.2B on decentralized exchanges during Q3 weekends when banks were closed.

USDC, a dollar-pegged stablecoin by Circle, saw $40.2 billion traded on decentralized exchanges (DEXs) during Q3 weekends, when traditional banks are closed. This volume rivals Visa's daily transaction scale, highlighting how on-chain dollar transfer...

Market News
Bullish
1 day ago
Polkadot (DOT) jumps 10.93% after cutting token issuance and greenlighting dotUSD stablecoin

Polkadot (DOT) jumps 10.93% after cutting token issuance and greenlighting dotUSD stablecoin

Polkadot's (DOT) price surged 10.93% to $1.27 following a major reduction in its annual token issuance by 53.6%, lowering the supply growth and capping total supply at 2.1 billion DOT. Additionally, governance approval for dotUSD, an over-collaterali...

Protocol Fundamentals
Bullish
3 days ago
TRON leads with 23% of stablecoin card spending at $998M in Q3 2026

TRON leads with 23% of stablecoin card spending at $998M in Q3 2026

In Q3 2026, stablecoin card spending reached $4.31 billion, with TRON processing the largest share at $998 million, or 23.2% of the total. This growth reflects TRON's role as a key liquidity and settlement layer for USDT, a popular stablecoin. While ...

Market News
Bullish
3 days ago
Ethereum leads stablecoin supply growth with $243M added in a week across Ethereum, Arbitrum, and Base.

Ethereum leads stablecoin supply growth with $243M added in a week across Ethereum, Arbitrum, and Base.

Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, maki...

Market News
Neutral
4 days ago
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