Regulation· ★★★· neutral·

MiCA lifted USDC share on EU-exposed exchanges by 6 points versus global venues

  • —Sample covers 14 of CoinMarketCap's top-30 exchanges, 57% of their volume
  • —Pre-event USDC share was ~46% on EU-exposed venues and ~7% globally
  • —USDT volumes on EU-exposed exchanges fell about 20% versus global venues
  • —Aggregate USDC share across the 14 exchanges moved from 17.70% to 18.24%
Why it matters: The data confirms MiCA pressure on non-compliant stablecoins is shifting liquidity toward USDC on European venues.
Source: TokenPost