The European Union has announced the delisting of Tether (USDT) 📉 due to non-compliance with stablecoin regulations ⚖️. The decision is expected to significantly impact liquidity in the European market 🌍, potentially leading to price volatility 📊 and investors shifting towards alternative stablecoins such as USDC and DAI 💵.
Possible implications:
1️⃣ Low liquidity: due to USDT delisting 💔.
2️⃣ Increased demand for alternatives: such as USDC and DAI 🚀.
3️⃣ Shifting activity: towards non-European markets 🌏.
Conclusion:
The decision is a step towards enhancing transparency in the cryptocurrency market 🔍, but it may cause major challenges for investors in the short term ⏳.