#USDT Tether Launches Euro Stablecoin to Meet MICA Rules

EURQ and USDQ

#USDT invested in Malta-licensed stablecoin firm StablR

Don't get confused or panic usdt funds are grabbing European market soon as of now in new form.

Dec, 28 2024 5:53

Amidst regulatory pressure in Europe, Tether (USDT) has announced it is launching a new euro-pegged stablecoin which could fulfil the requirements set by the regulators in the region. This comes at a time when Tether is getting delisted for not meeting the Markets in Crypto Assets (MiCA) regulation, the EU's comprehensive framework for digital assets.

These new stablecoins are developed in collaboration with the Dutch fintech company Quantoz and designed to meet the upcoming MiCA rules.

on the other hand

Tether has invested in Malta-licensed stablecoin firm StablR, marking its second investment in a European stablecoin issuer in a month.

https://www.google.com/amp/s/www.theblock.co/amp/post/326982/tether-backed-quantoz-launches-mica-compliant-stablecoins-usdq-eurq