■Another round of FUD about USDT
Some major foreign influencers have started spreading scary stories about a possible USDT depeg from the dollar on December 30th, the day USDT will be delisted from European exchanges. In short: starting December 30th, USDT will be illegal in Europe, and there’s still no clear understanding of how each exchange will handle the situation.
Bears and Tether's competitors saw this as a great opportunity for another dose of FUD. Before falling for it, here’s what you need to know:
- The European market share of major CEXs is insignificant.
- USDT is primarily used in the Global South, Asia, and the Middle East.
- When it comes to crypto, Europe consistently makes bizarre regulatory decisions.
#CryptoRegulation2025 #BTCXmasOrDip? #XmasCryptoMiracles #MarketRebound