Wire · operational-macro
MiCA pushes USDT out, leaves USDC in the spotlight
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Fusion42 · 8 August 2026 · Fusion42 review
The EU's Markets in Crypto-Assets regulation (MiCA) has led to Tether's USDT being delisted in Europe due to its failure to meet reserve requirements, while Circle's USDC remains compliant and dominant, reshaping the stablecoin landscape and regulatory environment in the EU.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Tether's exit from the EU stablecoin market pulls a major liquidity source, leaving you a clearer path to capture regulated users with USDC. You must move fast to onboard those fleeing USDT and guard against impersonation scams targeting your new customers.
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1 source · 7 Aug 2026
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