Will USDT Be Banned in the EU?
Tether’s stablecoin, USDT, faces tough questions as new EU crypto rules (MiCA) start on December 30, 2024.
• Coinbase has already delisted USDT in the EU.
• Binance and Crypto.com are waiting for official guidance.
• Tether is under pressure to meet strict compliance rules, including holding reserves in EU-recognized banks.
Tether says it’s working on global compliance, but without licenses yet, its future in Europe remains uncertain.
