What It Means for Crypto
MiCA bans Tether USDT in Europe, reshaping the stablecoin landscape. This European Union crypto law impacts cryptocurrency markets significantly. It’s changing market share and trading volumes for stablecoins.
To better understand these circumstances, let’s dive right in! Scroll down for more useful information from the Kaiko Research Team.
Also Read: How to Become a Millionaire If SHIB Hits $0.00075 and $0.0075
Analyzing the Impact of MiCA’s Stablecoin Regulations on the Crypto Market
MiCA-Compliant EUR Stablecoins Rise
MiCA-compliant EUR stablecoins now hold a 67% market share, which is quite an amount. Circle’s EURC and Société Générale’s EURCV lead this growth at the time of writing this guide. Coinbase became the top…