Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec

by Aurelia Butler 17 July 2023, 18:20 139 Views

Euro-denominated tokens currently represent 0.3% of the stablecoin market and are worth $300 million. At the same time, the euro occupies 20% of the traditional monetary system. It is in second place to the U.S. dollar in both instances and may stay in that position for a while. Hansen explained that the stablecoin market began with the dollar, and that:

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Source: Cryptocurrency - investing.com

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Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec

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