Circle is dominating Europe’s stablecoin market via EURC

Circle Captures Euro Stablecoin Market as EU Faces Strategic Gap

Summary: Circle’s EURC now holds over 50% of the non-USD stablecoin market. European issuers lag despite full MiCA compliance. Policymakers […] The post Circle Captures Euro Stablecoin Market as EU Faces Strategic Gap appeared first on CoinsPress.

Circle is dominating Europe’s stablecoin market via EURC

The post Circle is dominating Europe’s stablecoin market via EURC appeared on BitcoinEthereumNews.com. Europe’s stablecoin market seems to be now controlled by Circle, and not everyone is comfortable with that. The issuer of USDC is quietly becoming the dominant player in euro-denominated stablecoins through EURC. This shift triggered criticism from parts of the crypto community. Some of them see it less as a product win and more as a policy-dri…

Circle’s EURC rise sparks ‘European Fail’ debate

Europe’s stablecoin market seems to be now controlled by Circle, and not everyone is comfortable with that. The issuer of USDC is quietly becoming the dominant player in euro-denominated stablecoins through EURC. This shift triggered criticism from parts of the crypto community. Some of them see it less as a product win and more as a policy-driven outcome. DeFi analyst Ignas called it out bluntly. He looks at Circle’s dominance as “a European fa…