USDT Market Cap: $144.6B ▲ +18.2% | USDC Market Cap: $61.3B ▲ +124% | Total Stablecoin Supply: $232.8B ▲ +42% | EUR Stablecoin Volume: $1.8B/day ▲ +67% | MiCA Compliance Index: 73/100 ▲ +11 | BTC: $87,420 ▲ +2.4% | ETH: $2,180 ▼ -1.7% | CBDC Development Index: 134 Countries ▲ +8 | USDT Market Cap: $144.6B ▲ +18.2% | USDC Market Cap: $61.3B ▲ +124% | Total Stablecoin Supply: $232.8B ▲ +42% | EUR Stablecoin Volume: $1.8B/day ▲ +67% | MiCA Compliance Index: 73/100 ▲ +11 | BTC: $87,420 ▲ +2.4% | ETH: $2,180 ▼ -1.7% | CBDC Development Index: 134 Countries ▲ +8 |

Regulation

Global stablecoin regulation tracker — MiCA implementation, US stablecoin legislation, UK e-money rules, and jurisdiction-by-jurisdiction compliance frameworks for fiat-referenced tokens.

US Stablecoin Legislation: The Regulatory Framework That Could Reshape the Global Market

Bipartisan stablecoin legislation advancing through the US Congress would establish federal reserve requirements, issuer licensing, and consumer protection standards for the world's largest stablecoin market.

Feb 20, 2026