🚨 GREAT NEWS for Stablecoins in Europe! 🚨
🇪🇺 Tether $USDT WILL NOT become "illegal" in the EU on December 30, 2024!
Here’s the breakdown:
•Under the MiCA rules, providers like Tether must comply, but they have a transition period of 6 to 18 months.
•Some exchanges (e.g., Coinbase) are delisting $USDT early, while others are awaiting clarity.
If Tether does not comply within the transition period, $USDT would not be non-compliant— not illegal. However, EU exchanges and services may proactively delist it to avoid regulatory sanctions.
💡 This creates an opportunity for alternatives like Ripple’s $RLUSD, a MiCA-compliant stablecoin, to gain market share as a reliable option for EU users.
Will Tether manage to comply, or will compliant alternatives take over? Are you concerned about the delisting of $USDT across Europe? 🤔
Share your thoughts and follow for updates! 🔍✨
#Crypto #Tether #Ripple $XRP #Stablecoins #CryptoRegulation2025