#USDT remains the dominant stablecoin in Europe after arrival of MICA standards
As#MiCAcomes into force, USDT daily trading volume decreases on some exchanges
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A week after the Cryptoasset Market Regulation (MiCA) stablecoin rules came into effect, USDT trading remains dominant in the European Union (EU) market.
This is stated in the most recent report from the Kaiko firm in which they indicate that USDT, together with the other stablecoins that have not yet complied with the parameters of the new legislation, continue to dominate 88% of the market.
