As of December 30, European crypto exchanges will be required to delist USDT Tether under new regulations. This move has sparked concerns among exchange executives, fearing that reduced liquidity could negatively impact their platforms. In response, Tether has invested in StablE, a stablecoin issuer that complies with European regulations, aiming to navigate around the restrictions.
Stay updated for more developments on this changing landscape.
USDC Update:
USDC remains stable at 1.0002, showing a slight dip of -0.15%