🚨 USDT Delisting Set for EU Exchanges on December 30 🚨
Starting December 30, Tether’s $USDT will be delisted from EU crypto exchanges due to strict compliance requirements under the EU’s Markets in Crypto-Assets (MiCA) framework. These regulations mandate e-money licenses and robust reserves for stablecoins, which Tether has not yet obtained.
Key Changes:
1. RLUSD Emerges: MiCA-compliant stablecoin RLUSD is poised to replace $USDT as the dominant stablecoin in the EU.
2. XRP’s Role: Ripple's $XRP technology will enable seamless bridging of RLUSD transactions, ensuring liquidity.
3. Market Impact: $USDT ’s removal could disrupt liquidity and increase trading costs, potentially driving activity to MiCA-compliant alternatives like $USDC
This shift highlights Europe’s push for stricter crypto regulation while creating opportunities for compliant stablecoins to thrive.
