Tether USDt

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<ul><li>Since March, Euro-backed stablecoins have sustained growth, exceeding $40 million in weekly volume.</li><li>Regulatory changes by Binance and Kraken may reshape the stablecoin market in Europe.</li><li>USD-backed stablecoins dominate, but euro-backed stablecoins have an all-time high in market share.</li></ul>Kaiko, an analysis platform, has reported a surge in the trading volume of Euro-backed stablecoins via a tweet on the X platform. <a href="https://x.com/KaikoData/status/1800432709485121923" rel="noopener noreferrer nofollow">Kaiko</a> further noted that traditionally, Europe has lagged behind the US and APAC in crypto trading. However, demand indicates a shift in European markets. Regulatory changes are also impacting the stablecoin market, with Binance and Kraken shifting to meet new standards.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXffgnrjsYz-7Myipb_GLT9aRT-gzQi4F5VHzMZfjon5jjWI2HJxmzeTFMB5T_E3QAHKZn7R_53-vaGe013uV4KGcrrquA42lKhMB5oUDWHMxZKKetIJ9EUStIt_94anZHOWqwIi-CX2N5Bp43IhQDkCcAO8?key&#61;wZmI2Pg4IXm0J5gavXF_NQ" />Demand for stablecoins that are Euro-backed, such as Tether’s EURT and Stasis EURS, has been on the rise. Since March, the combined weekly volume of these stablecoins has consistently exceeded $40 million. This marks the longest sustained period of growth on record. Notably, AEUR, despite a rough launch on <a href="https://cryptotale.org/binance-coin-bnb-shows-bullish-signs-despite-recent-pullback/" rel="noopener noreferrer nofollow">Binance</a> in December, now commands over 50% of the total market volume. This suggests that euro-backed stablecoins are becoming a preferred option for European traders.<a href="https://cryptotale.org/euro-backed-stablecoin-volumes-surge-amidst-regulatory-shifts/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Euro-Backed Stablecoin Volumes Surge Amidst Regulatory Shifts

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