The leading stablecoin in the giant crypto currency exchange Binance USD Coin(USDC) share in the last year from 0.48 percent to 8.26 percent of a remarkable growth, he said. This increase in the share of the European Union (EU) is directly linked to Mica laws regulating the crypto currency sector and Binance’s decision to remove the USDT for EU users. The biggest stablecoin exporter TetherThe global domination of the USDT was questioned, while the USDC’s official approval in Japan also supported this rise.
The rise of USDC in Binance
According to the data provided by Cryptoquant, USDC BinanceIn the last 12 months, the presence of 621 percent increased. With the entry into force of Mica regulations, the EU crypto currency platforms removal non -compatible stablecoins from the list gave the USDC advantage. Binance’s announcement that it will not offer USDT to EU users as of March 31, 2025 strengthened the USDC position in the region.
In Japan SBI VC TradeIt was the first platform to officially list USDC. The USDC received a new momentum in the Asian market. All these developments are interpreted as the beginning of a trend that can shake Tether’s leadership in the global stablecoin market.
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The challenging process in front of Tether
Mica arrangements in the EU crypto currency It forces its platforms to transition to compatible stablecoins. Giants such as Coinbase and Crypto.com lifted USDT from their platforms in the EU region.
While Tether warned that the regulatory transition process may create instability in the market, the European strategy is the Tokinization Platform Hadron And Quantosis He went to reshaping the investment.
Quantoz’s mica compatible Eurq And USDQ Stablecoins are part of Tether’s effort to hold on the EU market. However, the process of removing USDT from the list of leading crypto currency platforms causes users to turn to alternative coins. Whether Tether can maintain its global domination will be the most critical question of the coming months.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
