USDC Overtakes USDT in Euro Stablecoin Trading Under MiCA
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USDC’s share of euro stablecoin trading rose from 10% in January 2024 to 56%, Kaiko reports, after exchanges restricted USDT for European Economic Area customers under MiCA. USDC’s euro order books are about 40% deeper, though USDT’s global supply remains roughly 2.5 times larger.
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