Russia itself given a Statement that to counter Dollar they are dealing with Bitcoin... so don't believe in all this shit..

As of December 28, 2024, Tether's USDT is facing potential delisting from European cryptocurrency exchanges due to non-compliance with the European Union's Markets in Crypto-Assets (MiCA) regulations. The compliance deadline is December 30, 2024.

MiCA aims to standardize and oversee crypto operations within the EU, requiring stablecoin issuers to obtain regulatory approval in at least one EU member state. Tether has reportedly not met these requirements, leading to concerns about liquidity and increased transaction costs on European trading platforms.

The potential delisting of USDT could have significant implications for the European crypto market, including:

Liquidity Challenges: USDT is a cornerstone of crypto trading; its removal may lead to reduced liquidity on European exchanges.

Market Volatility: The absence of USDT could increase market volatility and disrupt trading activities.

Shift to Alternative Stablecoins: Traders and investors might migrate to other compliant stablecoins, such as USD Coin (USDC), to continue their activities.

It's important to note that while the compliance deadline is imminent, the actual delisting of USDT will depend on individual exchanges' adherence to MiCA regulations. Market participants should stay informed about announcements from their respective exchanges and consider adjusting their strategies accordingly.