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New European Alliance to Launch First Euro Stablecoin Compliant with MiCAR: Strategic Move to Reshape the Currency MarketIn an unprecedented move, nine of the largest European banks announced the formation of a strategic alliance aimed at launching the first euro-pegged stablecoin compliant with the European Union's regulations on digital assets (MiCAR) by the second half of 2026. This initiative represents a fundamental shift in the European financial landscape, as the old continent seeks to reduce its reliance on dollar-pegged stablecoins and build an independent and reliable European digital payment system.

New European Alliance to Launch First Euro Stablecoin Compliant with MiCAR: Strategic Move to Reshape the Currency Market

In an unprecedented move, nine of the largest European banks announced the formation of a strategic alliance aimed at launching the first euro-pegged stablecoin compliant with the European Union's regulations on digital assets (MiCAR) by the second half of 2026. This initiative represents a fundamental shift in the European financial landscape, as the old continent seeks to reduce its reliance on dollar-pegged stablecoins and build an independent and reliable European digital payment system.
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Record surge in the issuance of stablecoins USDT and USDC paves the way for new liquidity injection into the crypto marketThe cryptocurrency market has recently witnessed a significant move from the two largest issuers of dollar-pegged stablecoins, Tether and Circle, as they announced a massive increase in their issuances during a single session, raising speculation that new liquidity is about to surge into the markets. The blockchain transaction tracking platform Lookonchain revealed that Tether added one billion new units of USDT, while Circle issued an additional 500 million USDC, a signal generally seen as a sign of readiness for capital to enter trading.

Record surge in the issuance of stablecoins USDT and USDC paves the way for new liquidity injection into the crypto market

The cryptocurrency market has recently witnessed a significant move from the two largest issuers of dollar-pegged stablecoins, Tether and Circle, as they announced a massive increase in their issuances during a single session, raising speculation that new liquidity is about to surge into the markets.
The blockchain transaction tracking platform Lookonchain revealed that Tether added one billion new units of USDT, while Circle issued an additional 500 million USDC, a signal generally seen as a sign of readiness for capital to enter trading.
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