@mickgrant
EU’s MiCA-driven euro stablecoin growth could split crypto funds. Euro stablecoins offer 合规 allure, diverting capital from USDT/USDC. But total stablecoin market is $280B; euro versions start small. Short-term 分流 is limited, but long-term, as EU adoption rises, it may reduce dollar-pegged dominance—boosting euro-crypto trading but not massive overall 分流.