USDC has overtaken USDT in euro stablecoin trading, reaching a 56% share since January 2024, according to Kaiko. The shift comes as exchanges restrict USDT under the EU's MiCA rules, giving USDC deeper liquidity in euro pairs. Traders should watch whether MiCA-driven delistings further tilt euro stablecoin market share toward USDC and away from USDT.
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