Time is running outāonly 3 days left before $USDT faces potential collapse.
New regulations are set to shake up the entire crypto industry.
Act now to protect your assets!
---
---
1/ MiCA Policy Update
European crypto exchanges are preparing to delist Tether to comply with the EUās Markets in Crypto Assets (MiCA) regulations.
This decision has sparked concerns over liquidity and market stability.
---
2/ A Look at Tetherās History
The story of $USDT began in late 2017, marked by controversy and challengesāmany stemming from the companyās practices.
Hereās a quick overview of Tetherās turbulent past.
---
3/ Early Warning Signs
Tether once claimed that every $USDT was backed by a US dollar.
In 2019, the New York Attorney General revealed this was misleading.
Additionally, Tether faced scrutiny for its ties to the controversial Bitfinex exchange.
---
4/ Why $USDT is Being Delisted
Key reasons for the delisting:
$USDT fails to meet MiCAās transparency, asset-backing, and reporting requirements.
Exchanges are under pressure to delist non-compliant tokens by the December 30 deadline to avoid penalties.
---
5/ MiCAās Goals
The new regulation aims to:
Ensure transparency and reduce risks.
Regulate stablecoin issuers to maintain financial stability.
Promote compliant crypto assets while minimizing systemic threats.
---
6/ The Impact of Tetherās Dominance
As the worldās most-used stablecoin, Tetherās removal could disrupt the market:
$USDT delisting may destabilize trading pairs on major EU exchanges.
Reduced liquidity could lead to increased price volatility for other assets.
---
7/ Consequences for the EU Market
The EU crypto market could face significant challenges:
Tetherās removal might slow crypto adoption in Europe.
Temporary instability may arise from the loss of a dominant stablecoin.
The uncertainty could deter both institutional and retail investors.
---
8/ Could Tether Collapse?
Tether is a massive player in the industry, but its collapse could trigger a market-wide crash:
Tier-1 exchanges hold substantial reserves in $USDT and would be directly affected.
The ripple effect of a $USDT crash could be severe.
---
9/ Protect Your Assets
To secure your funds during this uncertain period:
Allocate 33% of your holdings to fiat currency.
Keep 33% in $USDT.
Convert 33% to $USDC.
While the future remains unpredictable, diversifying is your best defense.
Stay informed and take action now!