💼 Tether, the giant behind USDT, has entered the European stablecoin scene with its investment in StablR! StablR has launched its euro and dollar stablecoins EURR and USDR with an EMI license in Malta. Tether will support StablR with its Hadron platform, providing services such as KYC, AML, and risk management.

🔍 Tether is strengthening its position in Europe to remain compliant with MiCA regulations. CEO Paolo Ardoino is positive that regulations are catching up with innovations, but he draws attention to the risks in the European banking sector.

💬 How do you think this investment will affect the European stablecoin market? Let's meet in the comments!