MiCA Rules and USDT Impact—Market Trends to Watch:
1. MiCA Compliance Update:
• There’s a 6-18 month transition period for MiCA compliance.
• USDT (Tether) is currently trading at 0.99824.
• Cantor Fitzgerald’s support for USDT remains unchanged.
2. Tether’s BTC Transfer:
• Tether just transferred 7,629 BTC (worth $705 million) to its reserve wallet after being inactive for 9 months.
• They now hold a total of 82,983 BTC.
• The timing of this move is interesting.
3. USDT Delisting Notice:
• Major exchanges are preparing to delist USDT for EU users within 72 hours.
• This isn’t a ban—users can still hold and trade USDT on decentralized exchanges (DEX).
• The overall $140 billion market for USDT is still intact.
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