🚨Important news for Europeans🚨
There are a lot of rumors about $USDT in Europe due to the upcoming MiCA laws, here's the truth:
❌ No, $USDT will not be illegal in Europe after December 30, 2024.
✅ MiCA rules require compliance, but there is a transition period of 6-18 months for platforms that offer $USDT.
Some platforms like Coinbase have started removing $USDT early, while others are waiting for more clarity.
This is normal because Coinbase owns $USDC and $USDT is a dominant competitor in the market
❌ No, $USDT will not go to zero, and the rumors that have been published in the last two days are from competitors like $XRP and others.
💡 If you are in Europe and have $USDT, the best option now may be to comply and convert your $USDT to other stablecoins, but things are not completely clear yet.