Christine Lagarde Warns of Growing Dollar Dominance in the Stablecoin Market
Bearish••Crypto Economy
The global stablecoin market is currently approaching a total valuation of $300 billion. Around 90% of this crypto sector is concentrated under the control of issuers Tether and Circle. The Markets in Crypto-Assets regulation (MiCA) establishes the regulatory framework for reserves and licensing within the European Union.
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The original article is written in English.