The market is starting to stabilize, but USL seems to be going backwards 😅
金钻聚金盆
--
$USUAL Yesterday, BTC fell, and altcoins followed with a significant drop. Since last night, as the BTC price rebounded, altcoins have collectively started to recover. USUAL will be no exception, and the recovery will also take some time. Coinbase announced that it will delist Tether (USDT) and five other stablecoins, including PAX, PYUSD, GUSD, GYEN, and DAI, in the European region on December 13. This move is to comply with the upcoming MiCA regulatory framework (European Crypto Assets Market Regulation) that will fully take effect on December 30. USDT is being delisted because its issuer, Tether, has not obtained an electronic money license from the EU. If USUAL can obtain the necessary regulatory permissions, it will be more likely to shine in the European market. Additionally, the founder of USUAL, Pierre Person, is a French politician and member of parliament, and also a leader in French crypto asset legislation. He has also served as a political advisor in French President Macron's government, responsible for monetary policy matters. $USUAL is launching at this critical time, naturally sparking endless speculation. If USUAL's USU0 stablecoin can successfully replace USDT's position in the European market, then the future of USUAL will be bright. However, even if it cannot completely replace USDT, as long as USUAL can secure a place in the European stablecoin market, combined with USUAL's current market capitalization, it would not be difficult for $USUAL's price to multiply several times from its current level. Perhaps only time will provide the answer, which is worth looking forward to. $USUAL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.