Paolo Ardoino, CEO of Tether, recently clarified some rumors about USDT on social platforms. 🤔 There are rumors that USDT will be deemed illegal in Europe at the end of 2024, but this is not the case. According to MiCA rules, stablecoin service providers have a transition period of 6-18 months to adapt to the new regulations. ⏳
Currently, some crypto exchanges are waiting for clearer information to better comply with these regulations. For investors, understanding these dynamics will help better grasp market trends. 📊
In short, although there are some uncertainties in the market, understanding the real situation will help make more informed decisions. 🔍