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OKX Europe enables USDT to USDC swaps ahead of EU stablecoin rules in July 2026

Market News
17 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

OKX Europe now allows users in the European Economic Area to convert USDT into MiCA-compliant stablecoins like USDC and USDG before the July 1, 2026 deadline. This move follows new EU regulations (MiCA) that ban non-compliant stablecoins on licensed platforms. USDT issuer Tether has not sought MiCA approval, prompting a shift in trading volumes away from USDT in Europe. OKX offers incentives like an 8% deposit bonus to encourage conversion, signaling a major stablecoin market realignment in Europe toward USDC and USDG.

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