CandleFocus

Algorand Introduced $EURD and $USDCa as MiCA Compliant Stablecoins in Europe

Cryptocurrency exchange Coinbase has delisted the $USDT stablecoin due to non-compliance with MiCA regulations in Europe. Meanwhile, blockchain platform Algorand has introduced MiCA compliant stablecoins, $EURD and $USDCa, offering a regulated and secure experience for users in Europe. The delisting of $USDT aims to reform the digital asset landscape in Europe. The Algorand blockchain offers fast transfer finality, wide support, and low fees, making it an attractive option for European residents. Algorand is now a leading player in the emerging crypto sector in Europe with its two stablecoins, providing secure, scalable, and compliant digital assets.

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