$USDC Binance Adjusts Stablecoin Offerings to Align with EU Regulations
Binance has implemented significant changes to its stablecoin offerings, particularly regarding USD Coin (USDC). In compliance with the European Union's Markets in Crypto-Assets Regulation (MiCA), Binance will discontinue trading pairs and products involving non-compliant stablecoins—such as USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG—by March 31 in the Euro Area. To ensure regulatory alignment, USDC, EURI, and fiat EUR pairings will serve as compliant alternatives for traders in the region.
Additionally, Binance has reintroduced trading pairs with USDC after a one-year pause, signaling a renewed focus on this stablecoin. This move is part of Binance’s strategic collaboration with Circle, the issuer of USDC, aimed at driving global adoption and expanding USDC’s integration across Binance’s platforms and services.