$USDC USDC’s market cap has surged to $36.2B—its highest since 2022—as Europe’s MiCA stablecoin regulations take full effect today. Circle’s emphasis on compliance and transparency is paying off: exchanges are prioritizing USDC for EUR pairs, and DeFi protocols report 40% higher inflows vs. unregulated stables. USDC’s yield on Coinbase hit 5.3% (vs. USDT’s 4.6%), attracting institutional cash repositioning for safety. With MiCA requiring 1:1 reserves and audits, USDC is emerging as the Eurozone’s go-to stablecoin. Expect further growth as Asian exchanges adopt similar standards by Q3.