Crypto Market News: Dubai Regulator Approves USDC and EURC, OKX Admits Guilt, and Other Key Events
Dubai has approved the use of stablecoins USDC and EURC, while crypto exchange OKX faces penalties for US law violations.
USDC
Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins
In 2024, USDC trading volume soared to $23 billion following the MiCA regulation. USDC emerged as the main beneficiary of increased demand for compliant stablecoins.