Binance announced that it will continue to support USD Coin (USDC), a stablecoin pegged to the United States Dollar, in the European Economic Area (EEA). Binance CEO Richard Teng stated that the regulated status that USDC has gained in the region provides additional legitimacy and stability to the crypto ecosystem.
Importance of EMI License
This important step comes after Circle became the first global stablecoin provider to receive an Electronic Money Institution (EMI) license in the European Economic Area. This license allows firms to offer stablecoins pegged to fiat currencies such as USD or EUR in compliance with the new MiCA regulations. As a result, USDC is now recognized as a MiCA-compliant electronic currency token (EMT), bringing a wave of positive sentiment to the crypto sector. Binance's support of USDC in light of this regulatory compliance highlights the growing importance of the stablecoin in the European market.
Tether's MiCA Compliance Challenges
While USDC has successfully bypassed MiCA regulations, Tether, another major stablecoin provider, faces some hurdles. Tether stated that the MiCA regulatory framework could negatively impact the stablecoin market and create uncertainties regarding future compliance.
Tether's Latest Moves
Tether recently stopped issuing USDT on the Algorand and EOS blockchains, citing community interest, sustainability, and usage factors. This decision reflects Tether's commitment to ensuring the security and usability of its tokens on supported blockchains. Despite these challenges, Tether continues to forge important partnerships. For example, it has partnered with UQUID, which enables Filipinos to pay their Social Security System (SSS) contributions on the TON blockchain using USDT. This suggests that Tether is still actively exploring potential avenues for growth and user engagement.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
