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Circle has received the first stablecoin license under the EU's new Mika Crypto rules.

The electronic money institution license gives the company poll position in grabbing market share among the 27 nation trading blocks 450 million people.

With the license granted by the French banking regulatory authorities, Circle mint France will issue the Euro-dominated

EURC stable coin and USC in the European Union from the same entity.

Polymarkets volume soared well past $100 million in June, a record month during a breakout year

for the crypto-based prediction market platform, according to data from Dune Analytics,

a total of $111 million in bets were placed on Polly Market last month.

The surge in volume comes with heightened enthusiasm for the November U.S. election

and the most recent catalyst is President Joe Biden's performance at last week's presidential debate.

Biden's odds of becoming president

dropped from 33.5% pre-debatte to 21% as of story time, with Trump solidifying his lead at 67%.

Polymarket is not available to betters in the United States.

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