← Back

Wire · operational-macro

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

Published

27 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

Europe

◆ Source

Read at tradingview.com →

◆ Verified

Fusion42 · 27 October 2026 · Fusion42 review

USDC has overtaken USDT in euro stablecoin trading as EU regulations under MiCA favor EU-compliant stablecoins, increasing USDC's market share to 56%. The shift is reinforced by the European Banking Authority designating USDC as a significant e-money token, with similar regulatory changes expected in the US under the GENIUS Act.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

European stablecoin rules have opened a clear path for USDC over USDT in euro trading. You in fintech must now prioritise EU-compliant stablecoins as market access will tighten for non-compliant issuers.

◆ Coverage

1 source · 27 Oct 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinseu-regulationusdcusdtmica