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EU delists Tether's USDT stablecoin under MiCA rules, boosting USDC's market share in Europe.

Market News
15 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

The EU's new MiCA regulation ends a transition period on July 1, forcing exchanges to delist stablecoins like Tether's USDT that lack MiCA authorization, affecting about $17.5 billion in EU-circulating USDT. This regulatory shift is driving liquidity toward compliant stablecoins such as Circle's USDC, which secured early authorization under MiCA. Major exchanges are already scaling back USDT services in the EU, prompting users to redeem USDT and switch to alternatives. This change not only impacts stablecoin trading but also broader crypto market liquidity and may influence similar regulatory approaches in South Korea, where stablecoin rules are still under debate.

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