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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
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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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