#Binance USDT is Europe's queen stablecoin, but that's about to change

According to data from Kaiko Research, USDT remains a crucial trading asset for European users.

USDT Tether (USDT), the largest stablecoin on the market by trading volume, remains the king in Europe, a region where it continues to dominate the space even with increasing competition. But that may change in the coming weeks.

According to a report by market analysis firm Kaiko Research, USDT is clearly a “crucial trading asset” for European users. This, considering that in Europe, stablecoins have almost 90% dominance in all cryptocurrency transactions.