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 institutions favoring USDC due to Circle's proactive regulatory engagement. While USDT remains dominant globally in dollar-pegged stablecoins, USDC's lead in euro transactions could influence liquidity and trading dynamics in European markets. The trend's durability will depend on ongoing regulatory developments and market adoption.
USDT (Tether) trades at Rp18.074 on Pluang as of Oct 28, 2026 00:02 WIB, showing a slight 0.19% gain in one day. Despite USDC's lead in euro stablecoin transactions, USDT remains actively traded with a 24-hour volume of Rp888,03T on Pluang. The platform data shows a 67% sell and 33% buy order split, with typical hold time at 92 days, indicating steady investor engagement.
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...
The global stablecoin market has reached about $300 billion, driven by growing demand for dollar-backed digital assets beyond crypto trading. Tether leads with $182 billion, while Circle's USDC holds $72 billion. Circle plans to expand USDC into 40 e...
