USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko

USDC has surpassed USDT in euro stablecoin trading volumes.

This shift is occurring as European Union regulations begin to restructure the market.

Since January 2024, USDC's portion of euro stablecoin trading has risen to 56%.

This growth is accompanied by increased liquidity in the market.

Exchanges are imposing restrictions on USDT due to MiCA.

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