CoinVoice has recently learned that Tether CEO Paolo Ardoino stated on social media, 'Don't believe the FUD. Competitors are just eager to make you believe in things that don't exist. USDT is safe. Move forward.'
CoinVoice previously reported that Tether CEO Paolo Ardoino shared a tweet from weRate co-founder and JAN3 CEO on the X social platform, which mentioned that there is a lot of 'FUD information' about USDT in the market right now.
But the reality is that USDT will not be deemed illegal in Europe on December 30, 2024. The MiCA rules need to be followed, but stablecoin service providers have a transition period of 6-18 months, and some exchanges are waiting for clear information. [Original link]