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CryptoMedium•27 October 2026•
1 min read

USDC Overtakes USDT in Euro Stablecoin Trading Under MiCA Rules

Key Facts

1USDC's share of euro-denominated stablecoin trading has climbed to 56% since January 2024.
2Exchanges are restricting USDT usage in response to the European Union's Markets in Crypto-Assets (MiCA) regulations.

USDC's share of euro-denominated stablecoin trading has climbed to 56% since January 2024. CoinTelegraph reported that exchanges are restricting USDT usage in response to the European Union's Markets in Crypto-Assets (MiCA) regulations.

This structural shift stems from trading platforms favoring regulated assets that meet the EU's strict compliance hurdles, leading to USDC overtaking USDT in euro-paired volume. While USDC continues its growth, USDT faces increasing restrictions as exchanges adjust their offerings to align with the new regulatory framework.

The European Central Bank is scheduled to announce its Interest Rate Decision on October 29, 2026, an event that may impact market sentiment regarding euro-denominated assets and stablecoin liquidity.

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