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In a report by Decta, the market capitalization of euro-denominated stablecoins doubled one year after the regulations came into effect in June 2024. #EURS , #EURC and #EURCV led the growth. The monthly transaction volume grew from 383 million dollars to 3.8 billion (~9x).

Despite this, euro stablecoins have a capitalization of ~680 million dollars, far below the 300 billion dollars of stablecoins linked to the US dollar. coindesk