USDT Delisting Uncertain Ahead of EU MiCA Enforcement The future of Tether (USDT) in the European Union (EU) remains uncertain as the Markets in Crypto Assets (MiCA) regulation approaches its full implementation on December 30. Juan Ignacio Ibañez, technical director of the MiCA Crypto Alliance, told Cointelegraph that "no regulator (in Europe) has said that USDT doesn't comply with MiCA, but that doesn’t mean it does either." Local industry players have speculated about the possibility of USDT being delisted in the EU. However, at press time, most local exchanges, except Coinbase, still allow USDT trading. The European Securities and Markets Authority (ESMA) has yet to provide official guidance on the matter. Meanwhile, Tether has announced plans to launch a euro-backed stablecoin compliant with MiCA. The situation remains fluid, and it is unclear whether USDT will face any challenges in the EU under MiCA.