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

Crypto Insight Summary: USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA. Crypto Insight Analysis: Direction: Bullish USDC / Bearish USDT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: EU regulations favor USDC over USDT, boosting its liquidity and market share in Europe.