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The market cap of compliant euro stablecoins increased by 128% before the end of Europe’s crypto transition period. EURC, EURCV, and EURI led the growth, with total market cap rising from $295.6 million to $673.9 million. Despite the growth, dollar stablecoins still dominate the sector. Regulatory changes after MiCA’s transition period ended have impacted the stablecoin market in Europe.
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