Europe is preparing to introduce MiCA regulation, which has contributed to increased demand for stablecoins that meet these requirements. However, according to French analytics company Kaiko, only one company has benefited from this so far - Circle. Its stablecoins EURC and USDC showed the largest increase in daily trading volumes after the introduction of MiCA. Currently, non-MiCA stablecoins dominate the market, accounting for 88% of the total stablecoin supply. However, MiCA could change this situation as exchanges and market creators prioritize compliant stablecoins. 📉