English < Article List - DigitalToday

Search results for EURe

Crypto

USDC, USDT dominate stablecoin card market with 84 percent of payments

Stablecoin card payments are growing rapidly, with a clear shift toward dollar-linked stablecoins. July stablecoin card payment volume rose to $759 million, about 2.5 times from a year earlier, and USDC and USDT accounted for 84 percent of the total. Transaction counts also increased to about 9 million. By currency, USDC and USDT gained share while euro-based EURe fell sharply. Payment networks also shifted toward Optimism, Solana and Base.

Crypto

Circle pushes EURC to step up UK push as debate grows over why it gained early lead

Circle is expanding its influence in Europe’s stablecoin market with its euro-backed stablecoin EURC, prompting debate over whether the gains reflect product competitiveness or regulatory and policy shifts. DeFi analyst Ignas calls it “Europe’s failure” and says Circle benefited from MiCA, claiming it secured licensing and rapidly lifted market share. He also links the trend to digital euro discussions and argues Circle is pursuing a similar approach in the UK. Critics also question Circle’s response to a Solana-based Drift Protocol hack.