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🚨 BIG NEWS for Stablecoins in Europe! 🚨
🇪🇺 Tether $USDT is NOT becoming “illegal” in the EU on Dec. 30, 2024!
Here’s the breakdown:
•Under MiCA rules, providers like Tether must comply, but they have a 6-18 month transition period.
•Some exchanges (e.g., Coinbase) are delisting $USDT early, while others are waiting for clarity.
If Tether doesn’t comply within the transition period, $USDT would be non-compliant—not illegal. However, EU exchanges and services might proactively delist it to avoid regulatory penalties.
💡 This creates an opportunity for alternatives like Ripple’s $RLUSD, a MiCA-compliant stablecoin, to gain market share as a reliable option for EU users.
Will Tether manage to comply, or will compliant alternatives take over? Are you worried about $USDT delistings across Europe? 🤔
Comment your thoughts & follow for updates! 🔍✨
#Crypto #Tether #Ripple $XRP #Stablecoins #CryptoRegulation2025