$USDC

Europe is gradually transitioning to the use of the stablecoin USD Coin (USDC) as an alternative to Tether (USDT). This is due to the European Union's decision to prohibit the use of USDT due to non-compliance with the Markets in Crypto-Assets (MiCA) regulation, which comes into effect on December 30, 2024.

As a result, European traders and institutions have started to switch to other stablecoins, such as USDC, which already complies with EU regulatory requirements. This transition may affect USDT's dominance in the market and lead to potential volatility.

Furthermore, starting from April 1, 2025, USDT will not be available to Europeans on official platforms, which further encourages the shift to USDC.

Thus, Europe is actively adapting to new regulatory requirements by transitioning to the use of USDC as the primary stablecoin.