USDT Exits EU Markets Today as MiCA’s Final Curtain Falls on Tether

In recent news waves, the EUs $USDT MiCA ban is currently taking effect. July 1, 2026 marks the hard deadline for the blocs Markets in crypto-assets rules, and Tether, with its $186 billion $USDT, has officially lost the spot on regulated European exchanges. Coinbase, Kraken, and Crypto.com, which are MiCA licensed, have already pulled $USDT out of their EU order books. The world’s largest stablecoin by market cap now has no compliant pathway onto any EU-regulated platform.