<ul><li>The volume of euro-backed stablecoins surged to about €800 million in November.</li><li>The surge in volume is mostly attributed to Banking Circle's EURI stablecoin listed on Binance.</li><li>MiCA, the Markets in Crypto-Assets Regulation, has played a key role in attracting institutional participants and increasing liquidity.</li><li>2024 was a significant year for the European cryptocurrency sector with record-high transaction volumes and increased institutionalization of Bitcoin.</li></ul>

Euro-Backed Stablecoins Hit €800M Volume Amid MiCA Boost

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