The European Union has ushered in a new chapter for the cryptocurrency market with the activation of the Markets in Crypto Assets (MiCA) regulation on July 1. This regulatory change has resulted in significant shifts across the digital finance landscape. Notably, crypto exchanges operating under EU jurisdiction have started removing Tether‘s USDT stablecoin, leading to a reshaping of market dynamics. Circle, a major player in the sector, has quickly capitalized on this opportunity by expanding its compliant offerings, like its USD Coin (USDC) and Euro Coin (EURC).