Thursday, March 28, 2024
Home > ICO > Stablecoins Gain Traction as Inflationary Shield in Latin America, Europe Also Sees Growth

Stablecoins Gain Traction as Inflationary Shield in Latin America, Europe Also Sees Growth

Meanwhile, Central, Northern and Western Europe are the largest crypto economies worldwide thanks to DeFi, NFTs, and growing regulatory clarity, with a lower daily usage for stablecoins.“The new regulation affects all players such as service providers, token and stablecoin issuers who need to apply for licenses to operate and a published white paper,” Carrascosa said about the recently approved MiCA regulation. “Regulatory demands increase for stablecoin issuers that become ‘relevant’ to supervisors,” she added.

Original Source