Kaiko: Euro-based stablecoin trading volume hits highest annual volume last month

Last month, it was revealed that the trading volume of euro-based stablecoins hit an all-time high. Cryptocurrency research firm Kaiko published an independent report titled “Euro-Based Stablecoin Trading Volume.”
"Stablecoin trading volume on the exchange grew from $5 million a day in October to $70 million in early November," the report said, adding, "This is the highest figure for the year."
They continued, "EURI and EURC accounted for 90% of euro-based stablecoin trading volume," and "EURC has a market share of 50%.
However, "EURI, a stablecoin that complies with the MiCA (Crypto Asset Market Regulation), has been attracting attention since it was listed on Binance in August last year."
he added.