USD Coin (USDC) has surged to hold 56% of stablecoin trading against the euro, up from 10% in January 2024, following European exchanges restricting Tether's USDt (USDT) for customers in the European Economic Area under EU regulations. This shift reflects the EU's Markets in Crypto-Assets Regulation (MiCA), which limits USDT trading but allows dollar-pegged stablecoins like USDC to be exchanged against euros. The European Banking Authority has designated USDC as the EU's first significant e-money token, increasing regulatory oversight for its issuer, Circle. Meanwhile, new U.S. regulations under the GENIUS Act will impose reserve and redemption requirements on stablecoin issuers starting in 2027, signaling growing global regulatory focus on stablecoins.
Tether (USDT) remains actively traded on Pluang, with a market cap of Rp3.298,13 trillion and a 24-hour trading volume of Rp927,79 trillion. The price of USDT is Rp18.148, showing a slight increase of 0.33% as of Oct 28, 2026 10:01 WIB.
USDC has reportedly captured 56% of euro stablecoin transactions, overtaking Tether's USDT in this specific market segment. This shift reflects growing demand for regulatory-compliant stablecoins under the EU's MiCA framework, with European instituti...
Circle's USDC stablecoin now accounts for 56% of euro-paired stablecoin trading, surpassing Tether's USDT which fell from 90% to 44% since January 2024. This shift is driven by the EU's Markets in Crypto-Assets (MiCA) regulations, which enforced stri...
In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) attracted significant net inflows, with BTC leading at $170.97 million and ETH at $35.72 million, even as their prices declined. Stablecoins USDT and USDC also saw net inflows of around $12 milli...
Within a three-hour span ending at 11:04 a.m. ET on October 26, six large cryptocurrency transfers totaling $394.5 million took place. Key movements included a $108.9 million Tether transfer to Bitfinex, 999 Bitcoin sent to Binance, and significant P...
Polygon has introduced new controls on its Open Money Stack platform allowing teams to set spending limits and authorization durations for AI agent wallets. These wallets enforce on-chain restrictions, rejecting payments that exceed budgets, fall out...
