Maybe im missing something obvious here but..
Tether (USDT), the largest stablecoin by market capitalization, may face removal from European exchanges due to non-compliance with new Markets in Crypto-Assets (MiCA) regulations. The deadline for compliance is December 30, 2024.
The XRP community are worried about this impacting the price of XRP, but i would expect with the USDT Tether challenges, thats amazing news for RLUSD because people are going to start using it instead of Tether USDT, and therefore XRP price goes up.
...HODL, dont freak out?