USDT demand stays firm globally despite EU MiCA delistings

USDT demand appears to be holding up in the global market even as its delisting from local platforms continues following the European Union’s rollout of the Markets in Crypto-Assets framework, or MiCA. In an interview with Cointelegraph, Artemis researcher Alex Weseley said the data showed MiCA had not caused a clear change in USDT supply, demand or cross-chain movement, while in emerging markets, stablecoins are serving as practical financial infrastructure for payments and remittances rather than simply as a store of value.