Yesterday, BTC fell sharply, and altcoins also plummeted significantly. Fortunately, BTC's price rebounded last night, and altcoins began to recover, including $USUAL; however, a complete recovery still requires time.
Coinbase announced that on December 13, it will delist six stablecoins, including Tether (USDT), in Europe to comply with the MiCA regulatory framework that takes effect on December 30. The reason is that the issuer of USDT does not have an EU electronic money license. In contrast, once USUAL obtains regulatory approval, it is bound to stand out in Europe. Its founder, Pierre Person, is a French politician and member of parliament who leads crypto legislation and has served as an economic policy advisor to the Macron government. With USUAL listing at this time, it inevitably sparks the imagination.
If the $USUAL USU0 stablecoin can replace USDT's position in Europe, the future looks bright; even if it cannot completely replace it, as long as it secures a place in the European stablecoin market, doubling its price based on its current market capitalization is not difficult. Time will provide the answer.
Recently, the Musk-themed pupp!e_s project has gained popularity with its innovative concept on the Ethereum chain, similar to shib, showing enormous potential. Investors should pay more attention to it.