Circle's USDC stablecoin has overtaken Tether's USDT in trading against the euro, now holding 56% market share compared to 10% in early 2024. This shift is driven by the European MiCA regulation, which has restricted USDT's use in the European Economic Area, prompting platforms to favor USDC. USDC also boasts 40% deeper liquidity in euro trading pairs, facilitating larger transactions with less price impact. The European Banking Authority will begin direct supervision of USDC from November 12, marking a new regulatory milestone for Circle in Europe, while USDT remains dominant globally.
USDT (Tether) trades at Rp18.167 on Pluang, showing a 0.53% increase as of Oct 28, 2026, 16:21 WIB. Its market cap stands at Rp3.300,79 trillion with a 24-hour volume of Rp908,95 trillion. On Pluang, the order activity is balanced with 47% selling and 53% buying, and typical hold time is 92 days.
Four large Tether (USDT) transfers totaling $765.3 million occurred between Bitfinex and Tether Treasury within three hours ending at 2:03 a.m. ET on October 28. Three transfers moved USDT from Bitfinex to Tether Treasury, while one transfer moved th...
USD Coin (USDC) has surged to hold 56% of stablecoin trading against the euro, up from 10% in January 2024, following European exchanges restricting Tether's USDt (USDT) for customers in the European Economic Area under EU regulations. This shift ref...
USDC has reportedly captured 56% of euro stablecoin transactions, overtaking Tether's USDT in this specific market segment. This shift reflects growing demand for regulatory-compliant stablecoins under the EU's MiCA framework, with European instituti...
Circle's USDC stablecoin now accounts for 56% of euro-paired stablecoin trading, surpassing Tether's USDT which fell from 90% to 44% since January 2024. This shift is driven by the EU's Markets in Crypto-Assets (MiCA) regulations, which enforced stri...
In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) attracted significant net inflows, with BTC leading at $170.97 million and ETH at $35.72 million, even as their prices declined. Stablecoins USDT and USDC also saw net inflows of around $12 milli...
