USDT to leave European Exchangers as said under MiCa law.
As confirmed earlier ,USDT might be truly getting out of usage in European exchanges, below is a list of cryptocurrencies and crypto exchangers that operate under the European Union.
Cryptocurrencies
1.Eurocoin (EUC), A stablecoin pegged to the Euro.
2.Stablecoin EURS, A stablecoin issued by the Stasis project.
3.Euro Token (EURT),A tokenized representation of the Euro.
Crypto Exchangers
1.Binance EU: A European-focused platform offering crypto-to-crypto and fiat-to-crypto trading.
2.Kraken: A US-based exchange with EU operations, offering spot and futures trading.
3.Bitstamp: A Luxembourg-based exchange offering crypto-to-crypto and fiat-to-crypto trading.
4.Coinbase EU: A European-focused platform offering crypto-to-crypto and fiat-to-crypto trading.
5.Huobi EU: A European-focused platform offering crypto-to-crypto and fiat-to-crypto trading.
6.OKEx EU, A European-focused platform offering crypto-to-crypto and fiat-to-crypto trading.
7.BitBay,A Polish-based exchange offering crypto-to-crypto and fiat-to-crypto trading.
8.Anycoin Direct,A Dutch-based exchange offering crypto-to-crypto and fiat-to-crypto trading.
9.Theres also a German-based exchange offering crypto-to-crypto and fiat-to-crypto trading.
10.Kraken Futures,A US-based exchange with EU operations, offering crypto futures trading.
Decentralized Exchanges (DEXs),
1.Uniswap EU,A decentralized exchange protocol operating on the Ethereum blockchain.
2.SushiSwap EU,A decentralized exchange protocol operating on the Ethereum blockchain.
3.PancakeSwap EU,A decentralized exchange protocol operating on the Binance Smart Chain.
Potential Impact of Stopping USDT Usage
The potential impact of stopping USDT usage on these crypto exchangers and cryptocurrencies is significant:
1.Liquidity reduction,USDT is a widely-used stablecoin, and its removal could reduce liquidity on these platforms.
2.Increased volatility, The removal of USDT could lead to increased price volatility for other cryptocurrencies.
3.Regulatory scrutiny in EU may increase
