Recently, there have been rumors in the market that the EU plans to delist USDT. Many friends have come to ask whether Mr. Crab will be affected and whether they should convert their USDT into other stablecoins.
As soon as this news came out, many who were previously indecisive began to waver, fearing that the market might face a black swan event because of this. However, it's important to understand one thing: when news comes out, first grasp the fundamentals. What exactly does it mean for the EU to delist USDT?
You need to understand that the EU delisting USDT only concerns their own exchanges; it has nothing to do with major global exchanges like Binance, OKEx, or Coinbase. So ultimately, only users of EU exchanges will be affected, and they might not be able to trade with USDT in the future.
In summary, there is basically no impact at all.
This news actually emerged in October, so why are people creating panic at this moment? The root cause is that the decline from last week has affected their mindset. So far, the market has not finished adjusting; it’s entirely due to the US market being closed, leading to capital outflow. Many people are not seeing any negative news, and when they see the market hasn’t risen, they start to waver in their mindset.
Therefore, I still advise everyone to understand the underlying logic of the news. Just like buying altcoins, if you don't understand the news, what logic is there in buying altcoins? Don't let market emotions lead you astray, and definitely don't trade emotionally. Only by being steady and firm can we establish a foothold in the market and seize real opportunities to make money.