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Kaiko says USDC now takes 56% of euro stablecoin trading, overtaking USDT

NewsFeeds update

Kaiko data show USDC accounts for 56% of euro stablecoin trading volume, up from 10% in January 2024, overtaking USDT as European Economic Area exchanges restricted USDT under MiCA. USDC's euro order-book liquidity is about 40% deeper, though USDT's global supply remains about 2.5 times larger.

StablecoinsOdailyAINeutral

Read the original on Odaily

More Stablecoins updates

  1. Austin Campbell says stablecoins move deposits rather than destroy them

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  2. Walapay CEO Tom Borgers says stablecoin payments will not replace banks

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  3. Coinbase says it will list Stable (STABLE) for spot trading

    StablecoinsOdailyAIBullish

Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.