Regulation· ★★★· neutral·

USDC overtakes USDT in euro stablecoin trading as MiCA reshapes market: Kaiko

  • —USDC's share of euro stablecoin pairs reached 56% since January 2024
  • —EU exchanges are restricting USDT over MiCA non-compliance
  • —USDC liquidity in euro pairs deepened as USDT access narrowed
Why it matters: MiCA is redrawing Europe's stablecoin market: USDC is consolidating its lead in euro pairs while USDT loses access to EU venues.
Source: Cointelegraph